All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News
Driving schools selling shortcuts to insurance discounts and faster road tests, investigation reveals - CBC News + MORE Mar 8th
Driving schools selling shortcuts to insurance discounts and faster road tests, investigation reveals CBC News.... More »
Can you gain entry to your formerly shared home after a separation? May 7th
Q. I have somewhat of a complicated situation regarding my separation and the separation agreement, so I’ll try my best to give you as much information as possible:
February 2004: Partner and I started living together. He had just purchased a townhouse with financial assistance from his mother. I.... More »
How much does life insurance cost in Canada? + MORE Mar 24th
Life insurance is often touted as the financial safety net we all need, but what if it’s an added expense you’re not sure you can afford? If that’s your thinking, you’re far from alone—a 2019 study showed that most Canadians are underinsured, with 49% having never purchased life insurance.... More »
What’s my RRSP contribution limit? Feb 12th
If you’re like many Canadians, you’re hoping you’ve paid enough tax in 2018 and may even be looking forward to a hefty tax refund. You can help ensure that happens by knowing the details of your Registered Retirement Savings Plan (RRSP), what sets them apart, your cont.... More »
SimplyCash Preferred card from American Express review Jan 16th
If you’re looking for a card that will help you earn cash back on purchases, look no further than the SimplyCash Preferred Card from American Express. With a return of 4% cash back on gas and grocery purchases—and a flat 2% back on all other purchases—it is one of the best credit cards in Can.... More »
On insurance, Prem Watsa stays positive
– theglobeandmail.com
Fairfax CEO agrees there are challenges ahead for the insurance industry, but he has a brighter view on the outlook for the business
Do You Have Enough March Break Travel Insurance?
– ratesupermarket.ca
March break is here and with it comes the first real opportunity to get away. Before you board your plane or drive across the border, don’t forget about the importance of travel insurance; 41 per cent of Canadians say they’re concerned about needing medical attention when travelling, according to BMO Insurance.
The BMO study also found that just 62 per cent of Canadians purchase the appropriate travel insurance to ensure they’re fully insured. For the remaining 38 per cent, not having travel insurance in place could be a huge mistake as the cost of medical treatment outside of Canada is incredibly expensive. To be clear, our Canadian health care plans do not apply when we’re outside of Canada so it’s imperative to have the right insurance in place. Check out our March Break travel insurance tips.
The Types of Travel Insurance
Travel medical: This is pretty straight forward as it’ll cover you in the event of an unexpected illness or injury when travelling that requires medical attention…
The Alberta Investment Management Corp. will share in a $219-million US settlement from Genworth Financial after helping lead a class-action suit against the U.S. insurance company.
China’s Anbang Insurance Group has made a $14-billion buyout offer for the Starwood hotel chain, setting off a takeover fight with U.S. chain Marriott International Inc.
