Investment Tips

  1. Nine Tax-Saving Tips for Individuals
    The most useful methods of tax savings available to Canadians, that could help in long term financial planning.

  2. Life insurance as a means of maximizing wealth
    What about families with minimal debt and full grown children? Why would they need or want life insurance. Could life insurance help in maximizing wealth?

life insurance testimonials
LSM Insurance's service has been outstanding and they helped me get an exceptional rate on my life insurance. (1 of 84)

7 Comments

  1. Prem Shankar 04/24/2008 at 3:49 pm

    I would be haapy to have your tips on saving taxes.

  2. Don 04/27/2010 at 6:06 pm

    I have a life insurance policy
    am i able to take money out of that policy to pay off debt

  3. LSM Insurance 04/27/2010 at 8:10 pm

    Thanks for the note. It depends on the policy – many Permanent policies have a cash value which you take on surrender or via policy loan.

  4. sabrina 01/28/2011 at 2:22 pm

    Hello…could you please tell me if taking a cash value from my perm life insurance policy is to be reported on my income tax? Thank you

  5. LSM Insurance 01/28/2011 at 3:11 pm

    Thanks for the note. This would depend if the cash value exceeds the policies adjusted cost base. The insurance company can ,ake this calculation for you.

  6. Lorraine 05/29/2011 at 1:18 pm

    I have recently bought a term life insurance policy as well as a critical insurance policy for myself and my sister – 41 and 47 yrs respectively. however i don’t feel comfortable or safe with the policy i have and was wondering if there was anyway i could have this checked or changed.I was also not sure if my broker helped me with my requirements accurately.

  7. LSM Insurance 05/29/2011 at 5:41 pm

    Thanks for the note Lorraine. We are happy to help and we’ll send you an email now.

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