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Lexus ES review: The best used small luxury car for 2023 + MORE Jul 3rd
Since 1992, the Lexus ES series has been a favourite of car buyers looking for a mix of excellent value and luxurious interior appointments. Parent company Toyota’s legendary reliability is an appreciated bonus. Those are among the reasons why the Lexus ES made my list of the 10 best used cars in .... More »
Do your research before buying pet insurance, experts say + MORE Oct 23rd
There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Cost Plus and Group Benefit Plans - life-insurance-quotes.ca
What is Cost Plus?
Group benefit plans, also called group insurance or employee benefits, offer company employees.... More »
TFSA contribution room calculator + MORE Mar 4th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
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 exchange-tr.... More »
The best credit cards in Canada for 2024 May 27th
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The best credit cards in Canada for 2024
Whether you’re looking for rewards, low fees or valuable perks like travel insurance or airport lounge access, we can help.
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What to do when you get laid off Oct 15th
At 7.1%, Canada’s unemployment rate is the highest it has been in four years and people in a variety of sectors have been feeling the pinch. A job loss is difficult for a lot of reasons. On top of the personal feeling of rejection, there can be many decisions to make involving legal, tax, insuranc.... More »
Accident benefits have you covered—but for what, exactly?
– moneysense.ca
Accident benefits might be the last thing on your mind when you’re buckling up in a new ride and tuning into your ultimate road-trip playlist, but they’re important to know. Accident benefits coverage is mandatory across Canada, except in Newfoundland and Labrador. Without it, you would be left to pay the expenses resulting from bodily injury following a car accident.
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What are accident benefits?
The words “accident” and “benefits” may seem at odds in the same phrase. However, in the context of car insurance, they refer to the part of your insurance policy that kicks in if you, a passenger or a pedestrian are injured in a collision—regardless of who is at fault.
Accident benefits cover the driver and occupants of an insured vehicle for “some of the immediate medical expenses that they may incur when involved in a collision,” explains Rob de Pruis, national director of consumer and industry relations at the Insurance Bureau of Canada…
Guaranteed Issue Enhanced Health Insurance
– life-insurance-quotes.ca
Guaranteed Issue Enhanced Health & Dental Insurance
We’re happy to announce that we can now offer Canadians a new “no medical” health insurance plan from Manulife called Guaranteed Issue Enhanced.
What is “Guaranteed Issue”?
Guaranteed issue health insurance is health and dental insurance with guaranteed acceptance. There are no medical questions asked, and everyone automatically qualifies for coverage, regardless of their state of health.
Also referred to as “no medical insurance”, guaranteed health insurance is ideal for people with pre-existing medical conditions who need health, dental and vision care benefits.
Guaranteed Issue versus Underwritten Plans
Most personal (individual) health and dental plans are underwritten. The process of underwriting involves answering medical questions as well as an investigation into the medical background of the applicants. Applicants who have medical conditions that may require prescription drug coverage often see their applications being declined, or they may receive a counter offer where they are offered coverage along with exclusions for those medical conditions…
