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Insurance Journal: Group critical illness insurance sales improving

"The most recent data available shows that the growth of group critical illness sales was seven times stronger than the group insurance sector as a whole." These findings were published by the Fraser Group, an organization that has compiled statistics on the group insurance market in Canada for several years. Ken Fraser, president of Fraser Group, says that the product is currently enjoying increasing momentum. "Our limited research indicates the rate of new sales is quite ...
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The Wall Street Journal: Nothing Morbid About Child Life Policy

For most people, a life insurance policy is a way to protect assets or maintain a lifestyle for dependents when the main breadwinner passes away. This makes such policies for children seem unnecessary and even morbid. (more…)
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LSM Insurance Helps Cricketers raise funds for Haiti victims

[flowplayer src='' width=340 height=251] Click the play button above to see the video! LSM Insurance Cricket for Haiti has been featured on South Asian Omni News. Nearly 200 players including under-19 and women cricket players attended the opening ceremony of a three-week cricket tournament in Toronto will be played to help raise awareness and funds for the disaster relief effort in Haiti. Read more about the ...
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How LSM Brokers and Clients Both Win

Our brokers operate under the philosophy, that clients want to buy but don't want to be sold. Our brokers and clients both win because our team follows the principals below: 1. Under promise and over deliver. By following this mantra, clients never feel cheated. Our brokers know they can deliver on their word. 2. Independent analysis. Our brokers are not skewed in their advice and are not limited by company quotas. They work with over 13 different carriers, which insures that ...
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LSM Partners with Travel Underwriters to Provide Online Travel Insurance Solutions

December 1, 2009 -- LSM Insurance is proud to announce we will be adding travel insurance to our ever expanding repertoire of online insurance services. LSM has partnered with Travel Underwriters, a company with more than 40 years experience in the travel insurance field, to go beyond providing quotes for our customers and, for the first time ever, hand them the ability to provide travel insurance for themselves and their families right from the comfort of their own living ...
Continue reading Life Insurance – Swine flu surprise

We first warned our readers about how catching the Swine Flu could put at risk your life insurance plans in July this year. November 2009 Moneysense Alas we were right and the Canadian personal finance magazine Moneysense has just run an article on the issue of Swine Flu and life insurance, quoting me. It's nice to see things early, but it's not so nice for those who catch the Swine Flu and are unable to obtain life insurance for a year, with small children at home. If you are ...
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Globe and Mail: In low times, anxieties run high

Recession takes its toll on mental health as more Canadians lose sleep over job security and finances. There has been a sharp spike in the level of recession-related stress, with working Canadians shouldering heavier workloads and experiencing greater anxiety about job security and personal finances, according to a survey released yesterday. "Employees appear to be working longer hours, as 54 per cent feel the current recession is having an impact on their work/life balance. As ...
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Unknown withdrawal from your bank account from BMO? Don’t panic

Don't panic, say brokers form LSM Insurance. "It's just part of the official transition from AIG Canada to Bank of Montreal." AIG Canada policy holder Dawn Thompson is not happy - "Do you not think AIG could have had the courtesy to notify me? What if I want to speak to someone at BMO about my policy - there are no contacts, no information. Talk about being blindsided!" Apparently BMO Life Insurance did send out notices but a lot of people didn't get them or read them. "It happens all ...
Continue reading Parent’s dilemma

The Novaks, have a sick child - and a growing financial problem by Julie Cazzin Novaks are living every parent's nightmare. Two years ago, their 11-month-old son Leo fell sick. He suffered for days with what his parents thought was the flu. Then he developed a rash and began to cry in constant pain. For six months, the Novaks ferried Leo from one doctor to another in their hometown of Sudbury, Ont. Nobody could identify his problem. (more…)
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AIG is now BMO:LSM Insurance quoted in The Insurance Journal on AIG Life Insurance

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 switch. BMO Insurance continues to offer a wide variety of policies. They have Term 10, Term 20, Term 30 and Term 100 coverage. Very few companies offer ...
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