Insurance policy getting you down? There are always sound insurance alternatives.
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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 »
Should You Get Critical Illness Insurance? Feb 19th
If you were diagnosed with a critical illness, would you have the financial support you needed? Suffering from a long-term condition like cancer or recovering from a heart attack can be a life-altering event – one with catastrophic financial implications.
The unfortunate reality is critical i.... More »
So You Got Caught: How a DUI Will Affect Your Auto Insurance Jun 16th
If you’ve been convicted of impaired driving in Canada or were caught driving with a blood alcohol level greater than .08, you are probably wondering what to expect from your auto insurance company. You likely have a Canada-wide restriction on driving and face a steep fine or jail time. You m.... More »
Where to find and apply for COVID-19 financial relief Oct 6th
The COVID-19 outbreak has dealt a shock to our economy, shuttering entire industries and leaving many more businesses in limbo, forcing layoffs and loss of income on many people. Fortunately, the Canadian government and several other institutions are offering financial relief for Canadians during th.... More »
Expect a lower Loonie, steady interest rates, rising house prices in 2014 Dec 1st
The Loonie will fall: Goldman Sachs
Researchers at the U.S. investment firm expect the Canadian dollar to hit 88 cents USD in 2014 as our trade deficit grows, according to media reports. That, coupled with the rebound in the U.S. economy, could lead investors to short the loonie in favour of the gre.... More »
Are alternative energy suppliers a good deal?
– moneysense.ca
Q: I recently switched to a company that supplies both electricity and natural gas in my area. Are these alternative suppliers a good deal?
—Ken McDougall, Guelph, Ont.
A: I have insurance on my home, my car and on my life. I spend the money each and every month to protect my family in case something catastrophic happens. But I don’t have insurance on my home heating bill. Alternative energy suppliers are essentially offering insurance that will protect you from variability in electricity and gas prices. However, that protection comes at a price. If your budget is stretched really thin, predictability may be helpful to you. But for most people, an increase in energy prices is not likely to cause serious financial hardship.
If you can stand some ups and downs on your utility bills, it isn’t worth paying more, says Trevor Johnson, an analyst at National Bank Financial. “You will pay quite a premium for the price certainty. If you just let it ride, rates would typically have to rise quite aggressively for the consumer to end up spending more money…
—Ken McDougall, Guelph, Ont.
A: I have insurance on my home, my car and on my life. I spend the money each and every month to protect my family in case something catastrophic happens. But I don’t have insurance on my home heating bill. Alternative energy suppliers are essentially offering insurance that will protect you from variability in electricity and gas prices. However, that protection comes at a price. If your budget is stretched really thin, predictability may be helpful to you. But for most people, an increase in energy prices is not likely to cause serious financial hardship.
If you can stand some ups and downs on your utility bills, it isn’t worth paying more, says Trevor Johnson, an analyst at National Bank Financial. “You will pay quite a premium for the price certainty. If you just let it ride, rates would typically have to rise quite aggressively for the consumer to end up spending more money…
Insurance Questions You Were Afraid To Ask
– ratesupermarket.ca
Do you know whether your insurance coverage is enough? Protecting yourself and your family against the unforeseen just makes good financial sense – but dealing with insurance companies isn’t always black and white.
This week, we’ve explored some of the tougher insurance situations, from getting coverage when you’re sick, living with a chronic condition, and what to do if that safety net fails. Read on to learn more.
Can You Get Life Insurance If You’re Already Dying?
Discovering you have a terminal illness is devastating enough – not knowing whether your family will be provided for makes it even tougher. There are insurance coverage options for those living with a disease or condition, but they can come with additional restrictions. Here’s what you need to know.
Read Allan’s Blog | Can You Get Life Insurance If You’re Already Dying?
5 Tips: Cheaper Life Insurance For Diabetics
Living with Diabetes, whether from childhood, or later in life, can be costly. Diabetics may have differing insurance needs than others – and more hoops to jump through with the insurance company…
