LSM Insurance has been helping people living in Saskatoon with all their life insurance and living benefits needs for over 25 years. Whether you live in downtown in the city or in any of the suburbs or neighbourhoods around the city centre, we have an experienced broker ready to help you get the coverage you need.
Saskatoon, SK, Canada
Insurance products we offer in Saskatoon:
There’s more than meets the eye in this province that has been dubbed the “Paris of the Prairies.” Saskatoon is known for it’s rich and diverse agriculture industry, but it’s also a thriving center for culture, arts, forestry, manufacturing and mineral exploration. Whether you are taking over the family farming enterprise or work in one of the established or emerging businesses, you need the protection that life insurance provides. Our brokers work with you to fully understand your needs, lifestyle, and goals, then curates a solution that addresses your risks today, and ones you may face in the future.
The Insurance Councils of Saskatchewan (ICS) are under the authority of the Director of Insurance, and performs the licencing and regulation of all the agents, brokers, adjusters and agencies in Saskatchewan.
There are many factors that influence your life insurance in Saskatoon, including but not limited to your health, the health history in your family, your lifestyle, your long-term financial goals, and more. Below are average rates for a variety of scenarios. Work with a broker to get a quote customized to your needs.
Disclaimer: Life insurance rates are highly individual and based on numerous criteria. Your rates can differ from the scenarios listed above.
Life insurance rates in Saskatoon depend on your personal risk factors and the type of policy you choose. Term is the cheapest of all the policy types. A healthy non-smoker 35 year-old female can get Term 20 with coverage of $500,000 for as low as $21.66/month.
Life insurance in Saskatoon is sold by agents, brokers, directly from insurers (online, phone) and even at some banks. However, life insurance from your bank is usually a form of coverage that protects a loan, and the bank, not your family, gets the benefit. Consult with a broker who can shop the market, for free, on your behalf.
The Insurance Councils of Saskatchewan (ICS) are under the authority of the Director of Insurance, and performs the licencing and regulation of all the agents, brokers, adjusters and agencies in Saskatchewan.
Disability insurance in Saskatoon is a part of most group coverage, such as work benefit plans, but you can also buy an individual policy. It’s a good idea to cover as much of your income as legally allowed, and this may mean a top up with an individual policy to complement your group benefits. However, no matter how many policies you buy, you cannot cover more than 40%-85%, as determined from your occupation class. As this can be a complicated policy to set up, work with a broker who can check your percentage and find your best policy.
