William Shung, LSM Insurance

William Shung, LSM Insurance

Languages spoken:
English, Chinese
Years of experience:
10+
Provinces served:
ON
What products can I help you with:
Life Insurance, Health Insurance, Disability Insurance, Critical Illness Insurance, Medical Life Insurance, Seniors Insurance, Mortgage Insurance, Long-Term Care Insurance, Retirement, Estate Planning

William's background:

William was born in Johannesburg, South Africa. As former life insurance and long-term care advisor for the Knights of Columbus - the world's largest Catholic fraternal service organization - he is well versed in the changing needs of Canada's aging population.

William holds both an Elder Planning Counselor and a Fraternal Insurance Counselor designation and is able to advise on a variety of insurance plans including life, long-term care, critical illness and disability. In a former life, he was a renowned marketing and advertising guru.

He held directorial positions in several multi-national advertising agencies and visited Southeast Asian capitals such as, Manila, Bangkok, Kuala Lumpur and Singapore on their behalf. William is fluent in both English and Chinese.

What others say about William Shung:

"William is a very knowledgable insurance broker and a great colleague at LSMI. He is dedicated towards helping his clients and is very honest and reliable. I wish him all the best in the future."

Aman Kapur

"William is an excellent insurance advisor and has been a strong addition to the LSM team.
He has extensive knowledge of the different life and living benefit insurance products and has very strong communication skills. He is fluent in traditional Chinese."

Lorne Marr

"William is a very honest, trustworthy person. He is a very skilled professional who always puts the customer first."

Chantal Marr

Contact William Shung

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Where we are located:

We are located at: Markham, ON L3R 5G3, Canada

Publications with my contribution:

Are you covered by health insurance in Canada?

Universal health care, it turns out, may not mean what many Canadians think it does. William Shung, a senior insurance advisor with LSM Insurance Services in Markham, Ont., says few Canadians appreciate the importance of having insurance for travel within Canada. “They don’t realize they could incur very high costs should something happen when they’re in another province.”
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LSM Insurance Turns 25: Serving Canadians from Coast to Coast

LSM Insurance – from 1993 to today LSM Insurance’s geographical coverage LSM Insurance team Our insurance partners LSM Insurance’s first steps in 1993 The story of LSM Insurance began in 1993. Upon graduating with an MBA from the University of Windsor, and with work experience from Metropolitan Life, Lorne Marr decided to launch LSM Insurance Services Ltd. He had a prior interest in the life insurance industry thanks to his long-term friend and owner of Toronto Mutual Group, ...
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LSM Insurance Services Limited Helping Canadians Since 1993

  LSM Insurance began it’s journey of helping Canadian families and business owners meet their insurance needs in 1993. After completing his MBA at the University of Windsor and putting in some time at Metropolitan Life, Lorne Marr founded LSM Insurance Services Limited. Since then he has won numerous sales and services awards and has appeared in the Toronto Star, The Globe and Mail, The National Post, The Toronto Sun, The Investment Executive and Money Sense Magazine. Mr. Marr was ...
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William Shung | Senior Insurance Advisor

  William Shung Senior Insurance Advisor | LSM Insurance 1.What type of Critical Illness insurance do you own? I own a permanent level premium critical illness insurance policy. 2.What factors did you consider when determining the coverage amount? The purpose of critical illness insurance is to provide for unforeseen expenses. Most importantly, the insured amount should be sufficient to finance any treatment required if diagnosed with a critical illness. When deciding on the coverage ...
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E-Cigarettes: Are They Beneficial?

  Photo by: Lauri Rantala / CC BY Thinking about curbing your smoking habit? Or even just finding a healthy replacement for smoking? Well, guess what. You're not alone. There are more smokers in North America than you probably realize, and of course, most if not all would like to quit but find it relatively hard to do so. E-cigarettes are becoming popular among smokers and are used to help curb smoking habits. E-cigarettes are meant to be harmless and a better alternative to ...
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Bringing Families Together with the Parent or Grandparent Super Visa

It has never been easier to visit Canadian family members. Photo by Luciano Meirelles Those travelling to Canada from other countries know that the typical travel visa allows you to stay for a maximum of six months before you have to apply for a new visa and pay a new fee. However, if you're the parent or grandparent of a Canadian citizen, there's a way you can visit your family for a longer period without having to renew your visa. It's called the Super Visa and it allows eligible ...
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Senior LSM Insurance broker interviewed on E-cigarettes

William Shung Senior LSM Insurance broker William Shung was interviewed by News Talk 770 in Calgary regarding the controversial topic of E-Cigarettes. Insurance companies are adding fuel to the fire by pricing all E-cigarette users as smokers. William takes the stance that these people should not be priced as smokers. Part of the dilemma for insurance companies is that they do not have enough data to analyze the risk. But as Chantal Marr, President of LSM Insurance, noted in a National ...
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Evaluating Insurance Calculators from Canada's Top Life Insurance Companies

  At the end of each of our articles, LSM invites readers to go to our various life insurance calculator pages for a free quote. We also have a Needs Analysis Calculator that lets you know how much insurance you may need based on your own personal circumstances. However, we are not the only insurance brokerage to offer this service. Many popular insurance companies are offering their own quote pages. In fact, 58% of Generation Y uses an insurer's website to gather information about ...
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Are Life Insurance Commissions on Their Way Out?

The average commission generated by a life insurance policy varies depending on the type of life insurance in question. For example, the average commission on term insurance is 30 to 70%, while it is 90 to 105% on whole life insurance products. Of course, what we're talking about here are the first year commissions, commissions for subsequent years drop much lower to an average of 4% a year for term insurance and 6% annually for whole life insurance. Life insurance commissions are ...
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Travel Insurance: Super Visa in Year Two

Excel Financial Group has released clarification on TIC's Super Visa travel insurance program in its second year of operation. In order to qualify in the second year, clients must have private medical insurance from a Canadian insurance company that's valid for at least one year, covers health care, hospitalization, and repatriation, provides a minimum coverage of $100,000, is valid for each entry to Canada, and is available for review by a port of entry officer. The Travel and Health ...
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The Advantages and Disadvantages of Insured Annuities in a Low Interest Rate Environment

Insured annuities are as guaranteed and unwavering as the passage of time. There are many investment options available to the public these days, but it can often be difficult to determine which is right for your particular situation. An insured annuity is designed to provide a tax-efficient lifetime income and preserve or increase the money available to your estate. The annuity provides the income, while the life insurance policy it comes with preserves the capital you already have by ...
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Bring Your Family Together in Only Eight Weeks with Super Visa

Parental sponsorship for visitation to Canada from Canadian citizens or permanent residents can take up to eight years, but the Canadian Government has introduced a fast track plan that can reduce that time to within eight weeks. It's called Super Visa and it's a multiple-entry visa for parents and grandparents of citizens and permanent residents of Canada. It's valid for up to ten years and holders of the visa can stay up to 24 months at a time. "From a wait that was once eight years to ...
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Lorne Marr and Friends Help Raise Over $1,400 for Epilepsy

Lorne Marr and friends take a break from the action. On Friday, August 13, 2011, founder Lorne Marr and the team from LSM Insurance took to the diamond for a very special baseball game. They ran the bases and hit it out of the park for a very important cause. Care-Alive (The Caroline Cunningham Foundation for Epilepsy) was started in 2009 by the friends and family of Caroline Cunningham after her death from Sudden Unexplained Death in Epilepsy (SUDEP) at the age of 32.   The ...
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Ontario Disability Insurance specialists: Jack Bendahan & William Shung

LSM Insurance disability specialists Jack Bendahan and William Shung have a wealth of experience in providing Ontarians with disability insurance solutions. Jack Bendahan was raised in Canada and graduated with a Bachelor of Arts from York University in Toronto. He speaks both English and French and makes frequent appearances in a variety of industry and media publications. "Be careful when reviewing disability policy exclusions. As a rule of thumb, insurance companies exclude major ...
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LSM Insurance Ready to Serve Canada's Chinese Speakers

Meet William Shung, the newest member of the LSM Insurance team. The number of people who claim a Chinese dialect as their mother tongue has been on the rise since 2001. As of the 2006 census, 1,034,000 people claim it as their first language, which is up 18% since 2001. Chinese is also the number one language spoken among visible minorities in Toronto, as 420,000 people report it as their first language. Recognizing this upswing, LSM Insurance has diversified our talent pool with the ...
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