Low interest rates have restrained the profitability of Canadian insurers. Insurers are therefore offseting these rate-related losses by inflating the price of their protection.
Low interest rates have restrained the profitability of Canadian insurers. Insurers are therefore offseting these rate-related losses by inflating the price of their protection.
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Critical illness is something nobody would want to encounter. As long as the probability of falling ill is there all the time, it is necessary that we take precautions so that you’re able to manage effectively the adverse financial implications of a hypothetical issue. And that is why there are over half a million such policies active across Canada.
I am presenting several Canada’s life insurers in short articles. I opened with AXA Life Insurance a few days ago, and will now continue with Standard Life. In particular, I will talk about the company’s Universal and Term Life plans.
Dear followers,
Just a brief note – have a look at LSM Insurance on Facebook. We will be glad if you tell us that you “Like” us! For a more official profile, check out LSM Insurance on LinkedIn. Looking forward to seeing you there! ~ Lorne |
AuthorLorne S. Marr, president of LSM Insurance. 17 years of experience in insurance business. Archives
January 2012
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