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
Every mortgage calculator you will ever need Jun 13th
Owning a home can be a powerful wealth-building tool, but it can also be expensive when you account for mortgage payments, property taxes, insurance premiums, utilities and maintenance.
To get a clear picture of how a home purchase impacts your finances, you’ll need to determine how much you ca.... More »
Money Fit calendar: May May 2nd
Get Money Fit and become an insurance pro in May.
The post Money Fit calendar: May appeared first on MoneySense..... More »
Don’t get caught retired and broke + MORE Jul 5th
In my research I have found one age group that is at much greater financial risk than others. It’s the age 55 to 64 group—both male and female. The risks for this group are almost always health related. Most Canadians greatly underestimate health risks. Individuals in this age group who have had.... More »
What is landlord insurance? + MORE Sep 24th
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 pr.... More »
The Best American Express® Credit Cards in Canada Oct 31st
It is a long-held belief that Amex® cards are just for the wealthy – but their current selection of cards should help to dispel that myth. From no-fee cards with low balance transfer offers, to top tier cards with VIP benefits and comprehensive travel insurance, there really is something for eve.... More »
Insurance Lessons From The Calgary Floods
– ratesupermarket.ca
If the devastation of the Alberta floods has taught us anything, it’s that severe weather can strike at a moment’s notice and change your life forever. Alberta was prepared for a severe rainstorm – but the worst flood in a century still came as a shock, leaving the streets in downtown Calgary reminiscent of the Venice canals. Although it’s still early, the Calgary floods have caused between an estimated $3 billion and $5 billion in property damage, according to Bank of Montreal. Unfortunately, it gets worse; 25 per cent of flood damage will likely not be covered by insurance.
Why You Really Need To Understand Your Insurance Policy
When it comes to your insurance policy, you’re probably well aware of how much you pay annually in premiums, but do you know what’s exactly covered? It’s your responsibility as a policyholder to review and understand your insurance policy. As we saw from a recent TD study, a majority (52 per cent) can’t be bothered to ask their insurance provider about coverage they don’t understand…
Travel insurance didn’t cover this Russian visa disaster
– thestar.com
A clerical error on a visa for Russia ended up costing thousands more for a holiday and wasn’t covered by travel insurance.Smart Credit Card Use While On Vacation
– ratesupermarket.ca
Like many other Canadians, you’re likely pulling out your maps (or Google Maps) and planning where to hit the road this summer – but have you considered how you’ll pay for your travels? If a cash diet is out of the question on your vacation and you’ll be relying on credit, it’s important to know which credit cards will lead to savings and rewards, rather than racked-up debt.
Offset Expenses With Rewards
First, identify your largest travel expense: will it be gas, lodging, food or entertainment? Consider using an applicable rewards credit card to get maximum savings from those purchases. For example, if you’re planning to drive far, try a gas rewards card such as the Shell CashBack World MasterCard, which offers 3 per cent cash back on gas purchases (but look ahead to be sure the gas retailer to sign up with has outlets where you’re headed!).
Other options include hotel-related cards such as The Starwood Preferred Guest Credit Card. Or, if next year’s trip is by plane, just put all your purchases on an airline points card such as the ScotiaGold Passport VISA, which gives new signups 5,000 bonus points, offers 5 per cent cash back on travel purchases, and also includes comprehensive travel insurance coverage…
