Why disability insurance is so important + MORE Sep 24th

How to go about securing the best policy for your insurance in Canada.
Latest News

The best credit cards in Canada for 2024 May 27th

Spend The best credit cards in Canada for 2024 Whether you’re looking for rewards, low fees or valuable perks like travel insurance or airport lounge access, we can help. Compare now powered by Why trus.... More »
 online insurance

The costs of the Fort McMurray fire May 6th

A wild fire rips through the forest 16 kilometres south of Fort McMurray, Alta., on highway 63 on May 7, 2016. (THE CANADIAN PRESS/Jonathan Hayward) When the wildfire struck outside Fort McMurray a year ago, Rocco Neglia was sitting in a regular office meeting across the country at the head office o.... More »
 life insurance

Estate planning considerations for single parents Nov 23rd

If you are a single parent, here are key questions you should consider: 1. Are your estate plan and related documents up to date? The death of a spouse or separation or divorce generally triggers a significant change in intentions on death. If you are widowed or if you no longer want your for.... More »
 car insurance

Chris Christie's Insurance Heist + MORE May 14th

The Governor wants to grab a company’s ‘excess’ profits..... More »
 term life insurance

Investor sentiment worsens to levels not seen since crisis + MORE Feb 20th

TORONTO – One of Canada’s biggest insurance and financial services companies says nervousness among Canadian investors has risen to levels not seen since the financial crisis. Manulife Financial (TSX:MFC) says that Canadian investors have lost confidence in mutual funds, exchange-traded funds an.... More »
Why disability insurance is so importantGetty Images
One-in-three working Canadians will experience a period of disability lasting longer than 90 days during their working lives, according to statistics but a new study for RBC suggests nearly half of Canadians underestimate how frequently disability actually occurs.
In reality, 62% of Canadian workers have been exposed to someone having taken time off of work due to a disability, with 25% having had taken this time themselves.
Even a temporary disability could affect your ability to work and take home a paycheque. Without disability insurance to help cover expenses, many families would find themselves in financial trouble. A separate study released earlier month revealed 51% of workers would find it difficult to meet their financial obligations if their paycheque were delayed by a single week.
“When it comes to disability, what Canadians don’t know can hurt them,” RBC’s Mark Hardy said in a press release Tuesday. “The research indicates that Canadians are overly optimistic about avoiding a disability and that lack of understanding reinforces the need for more education around this critical issue…

Continue Reading On moneysense.ca »

Some homeowners facing insurance surprises: RosemanAfter weather-related loss claims soared in 2013, some insurance companies are playing hardball with customers when renewing their policies.

Continue Reading On thestar.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!