LSM Insurance has been helping people in Vancouver with all their life insurance and living benefits needs for more than 25 years. We serve customers in Gastown, West End, English Bay, North Vancouver and more with our local, experienced life insurance brokers.
Vancouver, BC, Canada
Insurance products we offer in Vancouver:
Life insurance and living benefits in Vancouver help protect incomes and livelihoods. Housing prices are high in Vancouver, making life insurance very important for families paying down a mortgage. In addition, benefits such as critical illness and disability insurance help prevent financial ruin should you or the highest earner in your home suffer a devastating illness or injury. These are just a few reasons to get peace of mind from life insurance in Vancouver. Read on to learn more.
Agents, brokers, adjusters, and insurance salespeople are regulated and licensed by the Insurance Council of British Columbia.
Life insurance rates in Vancouver depend on a variety of factors including health, age, family health history, occupation, risky hobbies, and more. To get the best quote for your situation, talk to a broker who will shop the market and compare rates on your behalf. Below are samples of average rates.
Disclaimer: Please remember that life insurance rates are highly individual and depend on a number of criteria including but not limited to your age, health status, health pre-conditions, family health history, lifestyle, commute and many more factors.
Life insurance rates in Vancouver depend on the type of policy you choose (term, permanent, disability, critical illness) along with the riders you add to the policy. Other factors such as your health and occupation also impact the premium. Term is the cheapest type of policy. A 35-year old male non-smoker in good health can get $500,000 of coverage for as low as $28.95 on a Term 20 policy.
Life insurance in Vancouver is available from agents, brokers, directly from insurers, online, and over the phone. Some banks sell insurance, however, it is more commonly termed as debt or mortgage insurance with the bank being the beneficiary, not your family. Consult with a broker who can compare the market and rates on your behalf.
Agents, brokers, adjusters, and insurance salespeople are regulated and licensed by the Insurance Council of British Columbia.
Disability insurance in Vancouver is available from agents, brokers, directly from insurers, online, and over the phone. Some banks sell disability insurance, however, it is more commonly termed as debt or mortgage insurance with the bank being the beneficiary, not your family. Disability insurance is nuanced, and you cannot stack policies to cover more than approximately 85% of your income. Consult with a broker to ensure your policy lists your correct occupation class and that double checks have been made to accommodate coverage already in place through work or association plans.
