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
National Bank of Canada World Elite Mastercard review Oct 31st
National Bank’s World Elite Mastercard has long earned accolades for its included insurance, robust points program and unique and valuable perks, making it a solid choice as a travel card. With the fall 2022 restructuring of its rewards program and other adjustments affecting insurance and the rei.... More »
Manitoba Crown corporations, communications jobs need trimming: premier + MORE Dec 29th
Manitoba’s Crown corporations, especially their communications departments, seem next in line for Premier Brian Pallister’s cost-cutting efforts.
In a year-end interview with The Canadian Press, Pallister touted his 2016 measures to reduce spending in government — cutting the number of.... More »
Packing travel insurance on vacation + MORE Jul 17th
Summer travel season is in full swing. As you ponder where to go and what to pack, you may also be considering travel insurance.
The U.S. Travel Insurance Association, an industry group, estimates Americans spent over $2.2 billion in 2014 on all types of travel protection.
While popular with some tr.... More »
Mortgage insurance calculator Jun 4th
CMHC insurance calculator
If you’re buying a home and have a down payment of less than 20%, you’ll need to purchase mortgage default insurance, also known as mortgage loan insurance or CMHC mortgage insurance (named after the Canada Mortgage and Housing Corporation, one of the three mort.... More »
No health insurance? Here’s how to keep dental costs from bankrupting you May 24th
Should you get dental health insurance? (Likely no) Can you haggle over prices with your dentist? (Yes!). The Star spoke to experts about strategies for keeping costs in check..... More »
The Federal EI Rate Freeze Is Now In Effect
– ratesupermarket.ca
New year, new policies - as promised last September by Prime Minister Stephen Harper, the feds have put their freeze on Employment Insurance rates into action.
The EI rate freeze, which took effect New Year’s day, will suspend the premium rate for employees at $1.88 per $100 of insurable earnings through until the beginning of 2017.
But the Canadian Taxpayers’ Federation – a not-for-profit citizen’s advocacy group which lobbies for lower taxes, less waste and accountable government (probably unbeknownst to you on your behalf) – warns some taxpayers might see a little spike in their premiums.
According to the group’s New Year’s Tax Changes report, maximum employee EI rates will go up by $23 in 2014 to $914!
Don’t worry though; your boss isn’t off the hook. The CTF also calculates that maximum EI rates paid by employers will climb $31 to $1279.
To put it in perspective, a working couple with each partner bringing in at least $48,600 in 2014 will pay $4,386 in EI payroll taxes to Ottawa…
Credit Card Profile: TD Aeroplan Visa Infinite
– ratesupermarket.ca
TD’s longstanding goal to become the primary issuer of Aeroplan rewards became a reality on January 1st, as their deal with CIBC finalized and a brand new travel rewards credit card hit the market.
The lender has wasted no time launching the TD Aeroplan Visa Infinite, a doozy of a travel card featuring plush VIP perks and comprehensive travel insurance. The new card will be followed with additional Aeroplan options in the months to come, as TD develops its new rewards suite and completes the transfer of roughly 550,000 CIBC Aeroplan cardholders.
The End Of A Dramatic Deal
The completed transaction comes after terse negotiations with former provider CIBC, who dominated the Aeroplan reward space for decades. Change arose when Aeroplan owner Aimia announced they would not renew their contract with the lender, and would join forces with TD in the new year.
CIBC initially cried foul, citing breach of contract and their first right of refusal. A three-way settlement was eventually reached, with half of CIBC’s Aeroplan clients sold to TD in a $162…
TORONTO – Home owners should prepare to pay more for property insurance as the severe weather trend that has battered the country during the past year is expected to continue.
Experts say that as insurance companies are forced to pay out more policies to cover storm damage, there are likely to be increases to premiums and to the way insurance is sold.
Intact Financial Corp., one of Canada’s largest property and casualty insurers, says it has raised premiums by 15 to 20 per cent during the past few months as catastrophic losses and weather-related claims have risen.
The company has also introduced peril-based pricing and changes in the products, and is increasing its push to educate customers on how to limit the impact of storms.
While it’s still too early to say how much the deep freeze that enveloped much of eastern Canada and the U.S. northeast during the holiday season will cost, the Insurance Bureau of Canada says it’s part of a trend of severe weather that shows no sign of slowing down…
Experts say that as insurance companies are forced to pay out more policies to cover storm damage, there are likely to be increases to premiums and to the way insurance is sold.
Intact Financial Corp., one of Canada’s largest property and casualty insurers, says it has raised premiums by 15 to 20 per cent during the past few months as catastrophic losses and weather-related claims have risen.
The company has also introduced peril-based pricing and changes in the products, and is increasing its push to educate customers on how to limit the impact of storms.
While it’s still too early to say how much the deep freeze that enveloped much of eastern Canada and the U.S. northeast during the holiday season will cost, the Insurance Bureau of Canada says it’s part of a trend of severe weather that shows no sign of slowing down…
