Life Insurance Canada News

I was just checking out our Key Canadian Financial Data page and realized and was shocked to notice that the inflation rate is double what you can get on a term deposit. Inflation is at 2.52% according to the Bank of Canada. One year term deposits are half that (from .650 to 1.40 if you have...

  It’s no secret the stock markets are way off. The Dow Jones is under 8000 knocking off 8 years of progress. On the other hand, life insurance companies offer guaranteed investment policies. Sounds like the perfect solution… Life insurers have long guaranteed to return 75 per cent of a person’s original capital after 10...

Assumption Life has one of the only non medical critical illness products on the Canadian insurance market. Applicants can qualify for coverage in 24 hours by answering “No” to five health related questions. There are no questions related to family health history. Applicants who have been declined or rated in the last two years will...

When the Insurance Journal talked to insurance experts on the recent concerns about  AIG Life of Canada, LSM Insurance was among those interviewed by the magazine. Read the whole Insurance Journal article and find out what we had to say about AIG Life Insurance and why the existing clients with current AIG policies should not...

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RBC Insurance has introduced an easier way to get both Term and Critical Illness insurance. The company is now offering both solutions simultaneously as they have bundled the RBC Insurance Critical Illness Recovery Plan policy with Term 10 or Term 20. Bundling Benefits: Savings for the client Two sales in one Easier process: One application...

Assumption Life has made a big splash in the instant issue life insurance market. Instant issue life insurance is a policy which is geared towards individuals who are not in optimal health but have a need for life insurance.  These policies are issued without a medical test and with limited proof of insurability. Most instant...

Our campaign for the 4 day work week turned up in the Globe and Mail last week as full page article in the business section. We were honoured that they chose Jack and Lorne as the lead photo. We were also thrilled to see that other companies are moving to a four day work week...

The recent fluctuations of the stock markets having left many investors running for cover. The equity markets historically produce generous returns over the long haul but many investors are spooked by the potential of losing 25% or more of their capital in any given year. For investors looking for a risk free alternative, whole life...

If you are thinking of getting a Universal Life plan with a level cost of insurance, now is a great time.