Life Insurance and Illness

life insurance with cancer

What is Cancer Insurance?

According to a new report from the Canadian Cancer Society, approximately one out of every two Canadians will be diagnosed with cancer during their lifetime, and one in four are likely to die from the disease. The report estimates that 206,200 new cases of some form of cancer will be diagnosed this year and an...
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UPDATE: Understanding Genetic Testing and Life Insurance

The advancement of technology in the medical field in Canada has opened the door to new testing methods...
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diseases covered by critical illness insurance

INFOGRAPHIC: Diseases Covered By Critical Illness Insurance Policies

Many Canadians are unaware of how Critical Illness (CI) Insurance should fit into their financial plan. Hopefully our latest infographic helps shed some light on the diseases that are typically covered under a CI policy:
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Life Insurance and Depression – Updated

Depression is a mental illness now being publicly addressed. Back in the day, people never talked about this mental illness. It was thought of as a shameful thing to discuss, and those who were going through depression were embarrassed to address it. By not addressing their depression, many fell victims to suicide, which could have...
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Leslie Beck’s 7 Ways to Lower Your Blood Sugar

Leslie Beck is one of Canada's leading nutritionists. While she still works in private practice as a registered dietitian, you may know her better for her weekly column in The Globe and Mail or...
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Life Insurance: An Unselfish Purchase

Many people wonder whether they should buy life insurance. To some, it seems like a waste of money. But if you have family members dependent on your income or if you are thinking of having a family, it’s really a “no-brainer.” Life Insurance is not like other purchases. It’s not about you and your wants....
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The Top 10 Reasons to Buy Life Insurance

Keep your house in order with these top 10 reasons to buy life insurance. The number-one question many brokers get when trying to convince a client to buy life insurance is probably, “Why do I need it?” After all, it’s an invisible product and on its face, it seems like you’re paying for something that...
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What Canada’s Financial Experts Say About Mortgage Insurance

We’ve investigated and advised against mortgage insurance for years here at LSM Insurance, and it mostly comes down to one dastardly component of how it works — post-claim underwriting. Mortgage insurance is typically sold by banks when you get your mortgage as a means to pay off your mortgage when you pass away. However, the...
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Qualifying for Life Insurance with HIV or AIDS

People with AIDS or HIV can still get insurance Most traditional life insurance companies will not offer life insurance to people with HIV or AIDS. What they don’t tell you is, there is hope. Applicants with HIV or AIDS have three options for qualification: 1) Guaranteed Issue Life Insurance asks no health questions and has...
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