Underwriting Questions

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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Top 5 Most Asked Questions for Smokers

Are you a tobacco, cigar or e-cigarette user who's curious to read what insurance companies have to say about insuring you? Well, look no further! We have some useful information regarding this topic.
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Life Insurance for Canadians Living Abroad

According to CBC News, an estimated 2.8 million Canadians live and work abroad, which means that people are leaving the country at a rate three times higher than those born in Canada. These Canadian citizens need life insurance to protect their family’s future and make sure they are financially secure, but — like most underwriting...
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UPDATE: Life Insurance for New Canadians

Generally, there are four categories to consider when talking about life insurance for new Canadians: those with a work visa, those with a student visa, those who have claimed refugee status, and those with an open visa. In 2012, those with work visas of any kind temporary residents was 9,701.
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High Risk Life Insurance

LSM Insurance specializes in helping people who are deemed by insurance companies to be high-risk to get life insurance at affordable rates. Keep in mind that many variables can contribute to what an insurance company views as high-risk. 1. Occupation – Certain pilots, high-risk entertainers, and extreme sports athletes can be rated (have an extra premium attached...
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Life Insurance and Obesity

Much like the rest of the world, Obesity rates in Canada are steadily increasing. In 2004, the Canadian Community Health Survey reported that 23.1% of those 18 and older (an estimated 5.5 million adults) had a Body Mass Index of 30 or more, making them obese. Another 8.6 million, or 36.1% were overweight. With so...
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High Cholesterol and Life Insurance

High cholesterol may put you in front of him, but don’t let it hurt your eligibility Almost 48% of men and 43% of women in Canada have high cholesterol. With high cholesterol more and more common in Canada, insurance companies have started heavily considering it when evaluating life insurance applications for eligibility. When combined with...
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Life Insurance and Underwriting – The LSM Difference

LSM Insurance and its broker network have over 50 years of combined life insurance experience. Back in 80’s and even the 90’s almost all life insurance advisors were captive agents captive agent. Over the last 20 plus years we have seen many changes in the industry. A major change that is not often discussed is...
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