Sun Life Assurance Company of Canada

accidental death insurance

Life Insurance with Accidental Death: Is it a Good Deal?

There is a new version of this article (summer/fall 2018) about Accidental Death and Dismemberment Insurance that explains in detail this insurance. It also compares costs of Accidental Death Insurance to other insurance types. Canadians are constantly bombarded with life insurance offers. Although having adequate coverage is important, many of these offers are for specialized...
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Top 10 Canadian Life Insurance Companies 2014

Last year, based on findings from Financial Post Business Magazine in June 2014, LSM Insurance is releasing its list of The Top 10 Life Insurance Companies for 2014. Not much has changed from last year. Great West-Life Co. still has the top spot, followed by Manulife Financial, Sun Life, and Industrial Alliance in the top...
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Disability Insurance Fraud

At the end of February 2014, 28 people, over several U.S. states, were added to the 100 people already arrested in January of that same year for social security disability insurance fraud. The far-reaching fraud scheme stretches back 26 years, when the Application for social security card was jsut starting out. It is involving over...
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Long-Term Care Insurance Makes Good Financial Sense

Tim Landry is passionate about Long-term care.   Tim Landry started in the insurance business in 1969 with Crown Life and is now a living benefits consultant. “I have no interest in retirement. I say to a lot of people that I’ll retire three weeks after I die. I’m blessed to like what I do,” he...
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Evaluating Insurance Calculators from Canada’s Top Life Insurance Companies

At the end of each of our articles, LSM invites readers to go to our various life insurance calculator pages for a free quote. We also have a Needs Analysis Calculator that lets you know how much insurance you may need based on your own personal circumstances. However, we are not the only insurance...
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Term Life Insurance Until Age 65

Some term insurance plans expire at age 65. With younger Canadians being burdened by increased long-term debt thanks to student loans, (The Globe and Mail reports that federal student loan debt is more than $15 billion) many in their 20s or 30s want a life insurance policy that extends beyond the traditional 20 years. Typically,...
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Sun Life Makes it Easier to Qualify for its Term Life Insurance Products

As of June 24, 2013, Sun Life Financial has announced that there will be fewer medical requirements necessary to qualify for its term life insurance products and that it will be lowering the premiums on these products. For all of its life insurance products, Sun Life is removing vitals and lab requirements for face amounts...
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Group Insurance in Canada: Top 6 Carriers

Canada’s top group insurance providers can help your employees. Statistics Canada says that almost three-quarters of all Canadian workers (74 per cent) have access to at least one non-wage benefit. Health benefits plans are the most common type of non-wage benefit in Canada. Fifty-nine percent of workers have life and disability insurance, 56 per cent...
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Canadian Traditional Issue Health Insurance Plans: A Snapshot Comparison

It can be difficult to decide which health insurance plan to go with, especially when there are so many features, advantages, and drawbacks to sift through. Thankfully, LSM Insurance is here to break it all down for you so you don’t have to. Manulife — Flexcare • You can choose either a core plan or...
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Term Life Insurance: Which Companies Offer Preferred Rates?

Preferred rates are offered to individuals who are in very good health who have exemplary family health history. Preferred rates can lower insurance premiums by up to 35 per cent. You can find more details on whether you are likely to qualify for preferred rates here. The following is a listing of the leading life insurance...
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