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Latest News
What is an Insurance Grace Period? Sep 13th
Life gets busy sometimes. It’s not surprising you might forget to pay your insurance premium. But what does that mean for your coverage? Some insurance is optional, but some — like auto — is mandatory. So, the last thing you want is a cancelled policy.
Thankfully, you might not ne.... More »
Financial planning in your 70s + MORE Oct 7th
When most people think about financial planning, they think about saving and investing for retirement. That is certainly a part of it, but financial planning is much more holistic.
Here are a few financial planning strategies for those approaching or into their 70s. If you are not there yet, bookmar.... More »
Fort McMurray fire: Home insurance and clean up tips + MORE May 10th
(Ryan Remiorz/The Canadian Press via AP)
The fires raging through northern Alberta have galvanized a province and moved a country. The images are horrific. The stories are both inspirational and heartbreaking. It’s a story close to my heart (despite the almost 4,000 kilometres that separate me fr.... More »
What is tenant insurance? Feb 20th
Tenant insurance, also known as renters or contents insurance, is one of the costs of adulting that seems to have no payback. But the reality is that you likely can’t afford not to have tenant insurance. The cost of a policy (which can range from $15 to $30 a month) is a small price to pay when yo.... More »
Cabela’s credit card bank operation released from regulator’s consent order Dec 29th
OMAHA, Neb. – The Federal Deposit Insurance Corp. on Monday announced that it has terminated a consent order against World’s Foremost Bank, a Nebraska-based credit card bank operation set up by the outdoor outfitter Cabela’s.
The order was ended Nov. 4 but not publicly announced un.... More »
Statistics Canada says 511,900 people were getting regular employment insurance benefits in August, up 1.5 per cent, or 7,800, from July.
Nearly a month into the dysfunctional rollout of the U.S. government’s new health insurance website, Obama administration officials said Friday they have identified dozens of problems that need fixing and tapped a private company to take the lead in solving them.
David Kline: 'Cover Oregon' Doesn't Have Me Covered
– online.wsj.com
What happened when I tried to sign up for insurance through Oregon’s health exchange.
Why Teenage Auto Insurance Rates Are Higher – And What You Can Do About It
– ratesupermarket.ca
For most teens, earning a driver’s licence is a turning point in their high school lives; suddenly, a whole new world is available to them, one that doesn’t require asking Mom and Dad for a ride.
But to access that world, teens will need more than a licence; they’ll also need car insurance. And it doesn’t come cheap.
“The cost is a big issue,” says Anne-Marie Thomas, manager of sales and new business development for InsuranceHotline.com, a free online car insurance comparison service. “It can actually make it prohibitive to drive.”
Residing In A High Risk Group
Teens may yell “not fair!” but there’s statistical data to explain the high premiums that come with teenage auto insurance rates. Vehicular accidents are the leading cause of death among Canadian teenagers. Per capita, young people represent the highest rates of traffic-related deaths and injuries among all age groups. Why are young drivers so overrepresented? It’s due to a combination of immaturity and inexperience…
40% Of Travelers Pay Full Price For International Medical Care
– ratesupermarket.ca
Are you planning to visit warmer destinations this winter? If you frequently travel abroad, you could be putting yourself at risk by not buying sufficient travel health insurance. Thirty five per cent of Canadian travelers admitted to not buying travel health insurance, yet 21 per cent said they required medical treatment during their travels, according to a recent survey by the Travel Health Insurance Association of Canada (THiA). Although Canadians enjoy many health benefit benefits at home, the same can’t be said abroad – you could be stuck footing a bill in the thousands for international medical care without adequate insurance.
Putting Yourself at Risk
Vacations are supposed to be about some much-needed time away for rest and relaxation – the last thing you want to do is end up hurt or injured. Even if you aren’t planning a risky adventure like scuba diving with the sharks or scaling to the peaks of Mount Everest, it’s important to ensure you have sufficient health insurance coverage…
