I have had extensive experience with them. They are a legitimate life insurance and mutual funds provider. The life insurance is their own, while they will sell most of the big name Canadian funds: MacKenzie, TriMark, AGF, etc. They provide term life insurance, and thrive on showing people, who have been taken by whole or universal life insurance companies, how to make their money work much better for them. Ask a London Life agent about them, and they will start spitting fire. If you are just starting out with your retirement and estate planning, I do recommend their seminars.
The potential downside, which isn't a big one if you are prepared: they are a multi level marketing company. They will eventually encourage you to continue with training seminars, get your life insurance license, as well as your mutual funds license. They will not continue to urge this path if you simply and prompty say you are not interested. If you do become interested in exploring that line of work, I don't see it much differently than starting in real estate in somebody's office. Since I have last been in contact with them, they have also expanded into providing consolodation loans, every they do is an effort for their customers to free up monthly income they can then invest with.
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