Insurance Blog

Twitter logo

No Medical Life Insurance On Twitter

No Medical Life Insurance opens Twitter account. You are welcome to follow stream of information about Canadian insurance industry, policy reviews and financial news, prepared by LSM Insurance team ...
Read more
bmo life assurance - Canada - featured

BMO Life Assurance Company Keeps Rating A

A.M. Best Co. kept the financial strength rating of BMO Life Assurance Company (BMO Life) at “A”, which stands for “Excellent”. At the same time, BMO Life’s issuer credit rating was sustained at “A”. Better yet, the prospects for BMO Life were assessed as stable, considering the financial statements and other publicly available information on BMO Life and Bank of Montreal. BMO Life is owned by Bank of Montreal (BMO). BMO Life is not the only insurance subsidiary of BMO, but it is a very ...
Read more
Two girls in a wheat field

Insurers for the Climate

"Since when do insurance companies care about climate change?" you might ask. If you wonder as well, you should ask RSA Insurance Group plc, a UK based insurance company with a global presence. RSA recently started an official co-operation with World Wildlife Fund (WWF). The mutual synergy on which this partnership is based will serve a good thing as well as a business interest. In other words, it is a perfect win-win situation. If anyone can actually express a change in climate in monetary terms, ...
Read more
Foot of walking man

Life Insurance for People with HIV or AIDS

As of 2005, there were 58,000 Canadians living with HIV/AIDS. Yet, the life insurance market has traditionally been closed to those with immune system deficiencies. However, non-medical life insurance coverage for people living with diseases like AIDS is available from many guaranteed issue and simplified life insurance providers. Why have the life insurance floodgates opened to those with AIDS, who before couldn't obtain it? Guaranteed issue coverage has no medical tests and no health questions. So, the HIV question is not asked. Good news right? ...
Read more
Half face of unknown man

Life Insurance and Cancer

More and more people are surviving cancer every day and it's having a tremendous impact on the way life insurance companies underwrite those who survive cancer. Many forms of cancer are very treatable in their early stages and insurance companies have adjusted their pricing to reflect this. In certain cases, cancer survivors can now even qualify for traditional life insurance. Your best chance is in working with a broker who has experience with higher risk applicants. Remember, the claims experience and underwriting practices can vary ...
Read more