What is landlord insurance? + MORE Sep 24th

There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.

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What you need to know to decide if trip cancellation insurance is worth the cost Jun 21st

Insurance policy getting you down? There are always sound insurance alternatives. What you need to know to decide if trip cancellation insurance is worth the cost - thestar.comContinue Reading On thestar.com »Why not follow our RSS feed to keep in sync with the latest Canadian Insurance.... More »

If my flight is delayed or cancelled, can insurance offered by my credit card help cover the cost? Aug 4th

Medical insurance is typically the first thing that comes to mind when someone mentions travel insurance. But you could get a lot more out of your credit card..... More »

Making sense of the markets this week: November 3, 2024 Nov 4th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Apple, Nvidia growth—no cap Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic q.... More »

TFSA contribution room calculator Aug 12th

Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. powered by Tax-free savings account is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like&nb.... More »

Tech Entrepreneur Lauryn Vaughn Is Changing the Resale Fashion Game Jul 15th

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Not sure about DeFi? Here’s how Coinchange is making crypto investments safe and easy

– moneysense.ca

As of September 2021, there is over $115 billion USD worth of assets in the decentralized finance crypto market.

Vadim Filippov, Chief Science Officer at Coinchange
Decentralized finance, or DeFi, provides an alternative to traditional banks. Instead of having a third party in a financial transaction—a role banks traditionally played—there is no intermediary. Instead, transactions are handled automatically through technology, executed using smart contracts.
“All financial transactions and records are immutable, un-editable, securely stored on the blockchain,” says Vadim Filippov, Chief Science Officer at Coinchange, a FinTech company that generates yield for customers through blockchain-based assets. “This allows trading, lending, borrowing, insurance and other financial transactions to be automated. And with that automation, the fees generated can go to users, instead of intermediaries.”

Demystifying crypto with yield farming

One of the biggest draws of DeFi is yield farming, which can bring higher rewards than traditional investments…

Continue Reading On moneysense.ca »

What is landlord insurance?

– moneysense.ca

Landlord insurance, true to its name, is a type of policy for people who rent out a room, an apartment or a house to tenants. Also known as rental property insurance, it has some key differences from home insurance—the biggest one being coverage for loss of rental income, in the event that your property becomes temporarily uninhabitable.

Landlord insurance vs. home insurance

Home insurance protects a homeowner, and landlord insurance protects the landlord. While that may seem intuitive enough, it can get more complicated if you rent part of your home or another home.

Get personalized quotes from Canada’s top home insurance providers.Home insuranceRenters insuranceCondo insuranceYou will be leaving MoneySense. Just close the tab to return.

Does your home insurance cover you if you rent out part of your home?

Your home insurance policy may be suitable for renting out part of the property where you live (say, a basement apartment). Typical home insurance protects the dwelling, detached structures on your property, personal property (your stuff—not that of tenants) and liability for personal injury or damage to other people’s property caused by you, your family and/or your pets…

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