How to go about securing the best policy for your insurance in Canada.
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CPP payment dates in 2025, and more to know about the Canada Pension Plan Oct 7th
In Canada, no retirement plan is complete without considering the CPP. Whether you’re approaching retirement or still several years away from it, the Canada Pension Plan will likely play a role in your retirement income. How big a role depends on several factors. You may have other questions, too..... More »
Going on vacation? Here’s how to keep your home safe + MORE Jul 3rd
As summer kicks into high gear, many Canadians are planning to head out of town for a vacation, whether it’s a weekend at the cottage or a month-long tour of Europe. But getting that rest and relaxation can bring a new source of stress.
According to a Leger survey conducted for Allstate Insuran.... More »
Mortgage insurance calculator Jun 4th
CMHC insurance calculator
If you’re buying a home and have a down payment of less than 20%, you’ll need to purchase mortgage default insurance, also known as mortgage loan insurance or CMHC mortgage insurance (named after the Canada Mortgage and Housing Corporation, one of the three mort.... More »
How to deal with the rising costs of auto insurance due to car theft Apr 17th
Looking for a break on car insurance premiums is often top of mind for drivers. And finding ways to reduce that figure is especially important now, when rampant thefts have led to higher insurance costs.
How to lower the cost of auto insurance and prevent car theft
Experts say installing .... More »
How to buy a car in Canada and get the best loan rate Sep 25th
You’ve read the car reviews, done the research and scoured for hours through literature on that car or truck, all while lining up pros, cons, rankings and specs against your budget and wants. You’ve shortlisted the contenders that you most want to press the gas on. That’s it: you’re buying a.... More »
Top 5 Craziest Life Insurance Frauds
– life-insurance-quotes.ca
Since the existence of life insurance there have been many people who have faked their own death and attempted to collect on a life insurance claim by splitting the claim proceeds with a beneficiary such as a spouse or relative.How many people have actually gotten away with this? It is impossible to say, since we only know about the people that have been caught submitting a bogus life insurance claim. What we do know, however, is that people are not always smart about filing a bogus claim, and in the following bizarre cases have been downright stupid about it.
So, let’s get going with our top 5 list of the craziest life insurance claims!
Crazy Claim #1: Cabbage Trucks and Fingerprints
In 2005 Anthony McErlean faked his own death by impersonating his wife and then claiming that he had been killed after being struck by a cabbage truck while traveling in Honduras. The life insurance he stood to collect was about 500,000 British pounds.
The insurance company was suspicious of the circumstances (what tipped them off we don’t know) and had the police check out the story…
Should my tenants have renters insurance?
– moneysense.ca
Renters insurance likely isn’t on the top of your to-do list as a landlord—but it should be for your tenants. And it may deserve a nudge from you. As a property/home owner, you carry your own property insurance, but there are convincing reasons to ask your tenants to have their own policies. Find out about what renters insurance is, how it protects your tenants, and how it protects you, too.
Compare personalized quotes from some of Canada’s top home insurance providers*
What is renters insurance?
Renters insurance—also called tenant insurance—is a policy that covers loss, damage or liability on the part of your tenant. There are many things to consider when you become a homeowner, and even more when adding tenants to the mix. Renters insurance is one of them. When you rent out your home, your tenant becomes liable for any damage to your property and for any harm to others while on your property.
“In the event the tenant is found responsible for damage, for example, as a result of a kitchen fire, a typical tenants insurance policy would cover up to $1 million,” says Jesse Bajwa, customer care manager at Sonnet Insurance Company…
