For more than 25 years, LSM Insurance has helped residents of Manitoba with all their life and health insurance needs. From Winnipeg to Brandon, Selkirk to Churchill, every city, town, and municipality has access to LSM Insurance’s experienced brokers.
Winnipeg, Manitoba, Canada
Brandon, Manitoba, Canada
Selkirk, Manitoba, Canada
Insurance products we offer in Manitoba:
Did you know that creative industries is listed as a key industry in Manitoba? Creative industries rank alongside manufacturing, agribusiness, mining, and aerospace. This means there is both a high level of entrepreneurs in the province, and a high number of both farmers and those employed by corporate businesses. The need for a diverse array of life and health insurance products in Manitoba means that the startup business owner can get health insurance, the aerospace employee can top up their disability insurance, and the farmer can get critical illness insurance – there is something for everyone. Of course, what every Manitoban has in common is the need for life insurance to protect their beneficiaries. Read on to learn about both death benefit insurance (life insurance) and living benefit insurance (health, disability, critical illness) in Manitoba.
The Insurance Council of Manitoba regulates, licenses, and disciplines the province’s insurance agents, brokers and adjusters. Furthermore, the Council establishes standards for applicants and licensees to adhere to in the insurance industry.
Life insurance rates in Manitoba depend on a variety of factors, including age, health, family health history, occupation, and more. Below are average rates; to get the best rate and coverage for your situation, talk to one of our experienced brokers.
Disclaimer: The above are average rates based on limited criteria. Rates vary significantly across policy providers and are highly dependent on numerous factors.
Life insurance rates in Manitoba vary depending on your risk factors, age, and health history. Rates also vary among policy types. Term life insurance is the most affordable type of life insurance in Manitoba. A 35-year old healthy non-smoker female can get a Term 10 policy with coverage of $500,000 for as low as $16.97/month.
Life insurance in Manitoba is available through agents, brokers, online, over the phone and even through some banks (although the bank may be the beneficiary if the insurance covers a loan or mortgage). There are so many factors that can improve your chance of approval and lower your rates, so choose a broker that will compare policies, for free, on your behalf and help you understand the pros and cons of your options.
The Insurance Council of Manitoba licenses agents, brokers, and insurance professionals.
Disability insurance in Manitoba is available as part of employee benefit packages and is also sold directly to individuals through agents and brokers. When a bank offers disability insurance, it is usually to cover a mortgage or loan, and the bank, not your family, is the beneficiary.
