Life Insurance Canada News

Financial Impacts of Divorce That Every Married Person Should Know

11 Financial Impacts of Divorce That Every Married Person Should Know

Everyone knows that divorce isn’t free. In fact, it can literally cost a fortune. Between lawyers and councillors, the cost of a second residence (likely for one of the parties involved) and liquidating assets, you can be in for a long and expensive ride. If you are absolutely certain that your marriage is over and...
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Barry Choi | Personal Finance & Budget Travel Expert at Money We Have

We reached out to Barry Choi, blogger at Money We Have, to learn what kind of Critical Illness Insurance he owns.
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William Shung | Senior Insurance Advisor

We ask senior insurance advisor, William Shung, what kind of critical illness insurance he has.
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Weekly Personal Finance Roundup

Check out this week’s round-up of Personal Finance articles and blogs: DividendMantra.com analyzes the pros and cons of seperate and combined budgets with your significant other GetSmarterAboutMoney.ca breaks down the 5 things you should cover in your will Jason Heath gives MoneySense.ca readers the lowdown on different types of living benefits policies FreedomThirtyFiveBlog.com discusses drawbacks...
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tax

Can Your Tax-Free Savings Account Be Too Profitable?

The Harper government created Tax-Free Savings Account (TFSA) to help shield our savings from tax, but now Canada Revenue Agency (CRA) auditors are targeting TFSA holders with large sums of money in their accounts. According to a recent article in The National Post, if you’ve posted not onlylarge gains in your account, but if...
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LSM in the News: Is Your Business Ready for a Four-Day Work Week? (The Voice)

LSM Insurance is known throughout the land for its four-day work week. As a result, its founder, Lorne Marr, is often called upon in the media to talk about its genesis. Recently, he recounted the story for The Voice, the business magazine for The Markham Board of Trade. As the story goes, Lorne was running...
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Landmark Supreme Court Decision Opens Door to Sue Banks Selling Creditor Life Insurance

If you’re a frequent visitor to this page, you know that LSM Insurance is not a big fan of creditor life insurance and mortgage life insurance. Though these policies are meant to cover the remaining balance on your credit card or mortgage in the event of your death, often it’s very difficult for family members...
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LSM Insurance Announces their 2nd Annual Bowling Night Benefiting Lupus Ontario

Join Chantal Marr and the rest of LSM Insurance for a night of bowling benefiting Lupus Ontario. Earlier in 2014, LSM Insurance held a bowling night, raising $2,000 for Lupus Ontario. The event was so successful that they’re doing it again in 2015. “LSM Insurance is extremely proud to once again working with Lupus Ontario and...
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Is Whole Life Insurance a Good Investment?

Arguably, the most debated issue among life insurance consumers is whether whole life insurance is a good investment or whether you should instead go with a term insurance plan.This is the “To Be, Or Not to Be?” of the life insurance industry, as life insurance experts and personal finance columnists come down on either side...
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High Net Worth Executives and Disability Insurance

Louis Gosselin began his career in the special risk field in 1974 and worked as an underwriter for three different insurance companies, until he formed his practice in 1988. He worked mostly with high income earners in the sports, leisure, corporate and entertainment industries, traditionally difficult classes of risk mostly handled by Lloyd’s. Over the...
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