Blog | Lawyers Financial

Mortgage-free? Or RRSP?

Many Canadians arrive at a financial crossroads in the middle of their career. A stable income and a successful practice make it possible to pay off your mortgage faster. It seems like a straight forward financial decision but it’s anything but …

The balancing act – pay off your student loan and invest

You’ve landed your first job as a lawyer and the paycheques are coming in. It feels great to finally have an income after so many years in school and you’re determined to pay off your student loan as quickly as possible.

What to expect when unexpectedly ill

Many Canadian lawyers likely have some form of critical illness insurance but very few know what to expect should they have to file a claim and start taking advantage of their benefits.

Skyrocketing savings have some Canadians setting new goals

Canadians have skipped the dishes, sure. But we’ve also skipped vacations, and haircuts, and dry-cleaning, and fill-ups and more — and it’s all added up to the highest household savings rate in history. How will you use this rare opportunity to fast-track your financial plan?

A financial plan helps you get to your destination and enjoy the journey

If you've used GPS, you’ve probably driven down roads you wouldn’t have chosen and through towns you’ve never heard of. That’s a little like a financial plan.

Comparing Life and Mortgage Insurance

There are very clear and compelling reasons why life insurance may be a better option than mortgage insurance. It's all about control, flexibility and cost.

Stay resolute in 2021

According to surveys, about 80 per cent of New Year’s resolutions fail by the second week of February. So how do the 20 per cent who succeed stick to them?

Hug a human...and other things to look forward to in 2021

2020 is hindsight. In this post – the final in a series of 3 – the advisors and staff at Lawyers Financial reflect on what we’ve learned, what we’re grateful for and what we’re looking forward to as the calendar turns.

Disability does not mean downfall

One afternoon not long ago, Steve Wise, a Lawyers Financial Advisor in Southwestern Ontario, got a call from his client, an established lawyer in Windsor, who had just been diagnosed with lung cancer. It came as a complete shock.

Lawyers Financial Advisory Services Inc. (LFAS) is licensed to sell life and accident & sickness insurance across Canada. LFAS is a wholly owned subsidiary of Lawyers Financial and promotes and distributes Lawyers Financial products and plans across Canada.