How to go about securing the best policy for your insurance in Canada.
Latest News
Ontario Government Confirms OHIP Cuts for Travellers May 3rd
After a six-day consultation the Progressive Conservative-led Government in Ontario has confirmed it will cut the out-of-country coverage previously provided under the province’s health plan. The Ontario Health Insurance Plan currently provides up to $400 per day for out-of-country inpatient.... More »
10 travel insurance myths to stop believing now + MORE Feb 23rd
Travel insurance can be tough to understand, and if you’re not reading the fine print, you could be relying on inaccurate myths to inform your coverage decisions. Luckily, InsurEye, a Canadian insurance education site has compiled a massive list of 111 insurance myths that are out there. We’.... More »
Fort McMurray residents head to BC to help wildfire victims - CTV News + MORE Jul 10th
CTV NewsFort McMurray residents head to BC to help wildfire victimsCTV NewsFORT MCMURRAY, Alta. -- Seeing reports of the wildfire evacuations in British Columbia has brought back stressful memories for residents of Fort McMurray, who had to flee a massive wildfire just over a year ago. But they'.... More »
Dating dilemma: When to talk about finances Mar 16th
When it comes to popular first-date conversation topics, credit scores and debt levels aren’t at the top of the list. Even committed couples may find it hard to broach financial topics like retirement planning or estate planning. But as the cost of living goes up and people try to plan for the fut.... More »
TD First Class Travel Visa Infinite Card review: Should you sign up for this travel rewards card? Jan 11th
The TD First Class Travel Visa Infinite isn’t necessarily the first TD travel card you think of, given TD’s deep relationship with Air Canada and Aeroplan—but it’s worth considering for its flexible redemption program and partnership with Expedia. You can use the Expedia For TD online portal.... More »
Should You Get Critical Illness Insurance?
– ratesupermarket.ca
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 illnesses are a lot more common than you’d think. Forty five per cent of men and 40 per cent of women will develop cancer during their lifetimes, according to the Canadian Cancer Society. Each year Canadians suffer over 70,000 heart attacks, according to the Heart and Stroke Foundation. And according to the Heart and Stroke Foundation, one person suffers a stroke every 10 minutes in Canada.
What Is Critical Illness Insurance?
When you suffer a heart attack or a stroke, not only can it be devastating to your health, it has the potential to leave your finances in ruin. If you’re depending on the government to pay for your recovery, you could be in for a rude awakening. Not only can government benefits be tough to qualify for (they are typically based on your age, condition and family income), more often than not you’ll end up sharing the cost…
