Life Insurance Canada News

The Basics of Critical Illness Insurance

Life is great isn’t it? You’re working hard to support your young family. You just bought your new dreamhome and got the promotion you’ve been waiting for. Then BAM! You’re diagnosed with cancer. Whatwill you do then? If you don’t have the proper insurance coverage in place you may find yourself in a detrimentalsituation. When...
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7 Tricks to Reduce Group Insurance Rates for Small Business

Health insurance is a double edged sword for most businesses but more so for small businesses with a limited cash flow. On the one side, it’s a major expense just to be able to do business. On the other, it’s not something they can do away with if they want to keep key employees. The...
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INFOGRAPHIC: How Much Does a Funeral Cost in Canada?

As explained in our infographic below, there many costs associated with a funeral in Canada including transportation and flowers to name a few. Young or old, you can still fund a funeral by using your life insurance to cover the costs:
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Should Life Agents Stop Selling Products of Companies That Compete With Them?

The exponential growth of the internet has brought about more direct selling of products online and this process is starting to move into the insurance industry as well. In fact, how insurance products are sold to consumers has many different faces today. There are some insurance companies that are starting to sell insurance products directly...
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What You Wear Could Affect Your Life Insurance Premiums

Earlier this year, John Hancock Financial, an American subsidiary of the Canadian insurance company Manulife Financial, made headlines in the life insurance industry when it started to hand out a Fitbit to its new life insurance policyholders. A Fitbit is an electronic wristband that can track the wearer’s daily physical activity. This includes being...
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LSM Insurance Featured in Forum Magazine’s October Issue

LSM Insurance Director of Marketing Syed Raza was featured in the October issue of Forum Magazine discussing how insurance companies and advisors are missing the mark when it comes to dealing with younger adults. Raza explains how to create, connect, and engage with your online community as one solution.
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Why More Millennials Should Start Managing Their Finances

Being young in the current economy is no easy feat. With an economy still reeling from the effects of the post-9/11 recession and the recent effects of a weakening Canadian dollar, many millenials are struggling to build their financial future. The Generation-Y is facing high-levels of unemployment and underemployment. As a result, many have put...
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INFOGRAPHIC: Top 5 Reasons To Buy Life Insurance

Check out the infographic below for our Top 5 Reasons To Buy Life Insurance. We explain the need to protect yourself from unpredictable future financial losses and health issues that can affect your insurability. Getting life insurance locked in at low rates and reviewing policies at least once a year to keep coverage up to...
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What The Financial Experts Own – Matthew J. Ardrey

Matthew J. Ardrey Vice President at T.E. Wealth 1. What Type of Life Insurance do you own? I currently own basic group coverage through my employer and a T20 policy privately, which I purchased about five years ago. I chose T20 because the premiums were relatively low and would remain constant regardless of any...
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Everything You Need to Know About the MIB and Your Privacy

Search ‘MIB’ on Google and most of the results are related to The Men in Black but that’s not exactly the MIB we’re talking about. Formerly known as the the Medical Information Bureau, it maybe similar to The Men in Black, because they too are a secretive, non-governmental organization, but rather than keeping track...
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