There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Latest News
The best travel insurance credit cards in Canada for 2024 + MORE Jul 2nd
Spend
The best travel insurance credit cards in Canada for 2024
Searching for the perfect card? Compare your options with our interactive tool, and filter results based on rewards value, annual fees, income requirements, and more.
Compare now .... More »
Buying home insurance in Canada: A beginner’s guide Feb 25th
Home Insurance
Home insurance in Canada: A beginner’s guide
In under five minutes, get a personalized home insurance quote from one of Canada’s top providers—free of charge. Just tap the button to get started.
Get a free quote now*
.... More »
Is a vacation home a good investment? + MORE Sep 21st
The benefits of owning a vacation property are obvious. A cottage, cabin, condo or trailer a short drive from your home can provide a quick weekend recharge. A property down south can serve as a regular vacation destination or a winter home for a snowbird.
Sometimes, emotions are the motivat.... More »
How well are you protected if you have a car accident? Rising deductibles mean your insurance company could get more than you Feb 28th
If you’re awarded a pain and suffering payment of less than $44,000 in Ontario, the money goes to your insurance company and you get nothing. But there are things you can do to protect yourself..... More »
Travel insurance gap leads to costly mistake: Roseman
– thestar.com
It’s important to do your homework to ensure your travel insurance covers what you think it does.BREAKING: Ontario Car Insurance Rates Increase
– ratesupermarket.ca
Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 0.76 per cent on average.
Car insurance rates fluctuate based on a number of different factors. However, before an insurance company can change rates, it must first be approved by the Financial Services Commission of Ontario (a regulatory agency of the Ministry of Finance).
FSCO publishes approved rate changes quarterly, and the latest results are in:
In the second quarter of 2017, approved rates from auto insurance companies increased by 0.76 per cent on average – not a huge increase, but notable.
The range of approved rates seemed to be significant, with some companies lowering their rates by as much as 1.04 per cent, and another inflating its rates by 8.97 per cent on average.
“Ontario has a very competitive marketplace,” FSCO said in its quarterly statement…
Prepare to face extra security for U.S.-bound flights
– moneysense.ca
TORONTO — Flying to the United States may take a while longer as of today due to enhanced security measures affecting flights to the U.S.
Both Air Canada and WestJet are advising passengers to arrive at airports at least two hours prior to scheduled departures to allow for additional screening.
Both Air Canada and WestJet are advising passengers to arrive at airports at least two hours prior to scheduled departures to allow for additional screening.
Should I buy terrorism insurance for my next trip?
Air Canada says in an advisory that heightened security introduced by the U.S. Dept. of Homeland Security beginning today requires enhanced screening of personal electronic devices such as tablets and laptops.
In addition, all personal electronic devices larger than a smartphone will need to be easily accessible and have all cases and covers removed.
WestJet has posted similar advice, adding the recommendation applies to all flights departing Canada.
The Dept. of Homeland Security said last month that “in light of evaluated intelligence,” it was deemed necessary to implement enhanced security measures for all commercial flights to the United States…
How receiving CPP affects U.S. Social Security benefits
– moneysense.ca
Q: I’ve just started to collect Social Insurance benefits from the United States. I’m a Canadian citizen who worked in the U.S. (with a green card) for over 26 years. I’ve learned that my benefit was reduced due to my CPP; the reduction is the result of the “Windfall Elimination Act”. I understand that this Act is controversial due to its extra-territorial reach? Please advise the status regarding the “elimination” of the Windfall Elimination Act. Would it be worth my time to challenge the deduction of my benefit? The exchange rate these days certainly compensates for the reduction due to the Windfall Elimination Act but there is a principle involved.
—Ken
A: The Windfall Elimination Provision (WEP) is designed to prevent people who didn’t pay Social Security tax on the majority of their income from receiving disproportionately high Social Security payments. In general, when you work for an employer in the U.S., Social Security tax is taken out of your pay cheque, but if you worked for government organizations or were employed by a foreign company, then this may not be the case…
—Ken
A: The Windfall Elimination Provision (WEP) is designed to prevent people who didn’t pay Social Security tax on the majority of their income from receiving disproportionately high Social Security payments. In general, when you work for an employer in the U.S., Social Security tax is taken out of your pay cheque, but if you worked for government organizations or were employed by a foreign company, then this may not be the case…
