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The biggest car insurance myths, according to experts Oct 31st
The auto insurance world is rife with misconceptions, experts say, and not knowing fact from fiction could end up costing drivers thousands of dollars.
There are several reasons why insurance myths exist, said Steven Harris, licensed insurance broker and LowestRates.ca expert. “(Insurance.... More »
RRIF and LIF withdrawal rates: Everything you need to know Jun 25th
At some point, a registered retirement savings plan (RRSP) is typically converted to a registered retirement income fund (RRIF). The latest you can defer the conversion of your RRSP to a RRIF is the end of the year you turn 71. This means that by December 31 of your 71st year, you need to either wit.... More »
What to do when you get laid off Oct 15th
At 7.1%, Canada’s unemployment rate is the highest it has been in four years and people in a variety of sectors have been feeling the pinch. A job loss is difficult for a lot of reasons. On top of the personal feeling of rejection, there can be many decisions to make involving legal, tax, insuranc.... More »
Scotiabank Gold American Express Card review Jan 12th
The Scotiabank Gold Amex combines some of the best aspects of a travel card with the ability to participate in the Scene+ Rewards Program. For a modest annual fee, you’ll enjoy considerable insurance coverage, some travel perks, and the ability to earn up to 6 Scene+ points per $1 spent.
Who is.... More »
So you fell short of your financial goals in 2025—here’s how to do better Dec 27th
Did you fall behind on your financial goals for 2025? If so, you’re not alone. According to a survey by online estate planning platform Willful, 58% of Canadians reported postponing financial tasks they’d earmarked for the year, such as paying down debt, contributing to registered savings and in.... More »
Cost Management Strategies for Canadian Group Benefit Plans
– life-insurance-quotes.ca
The cost of providing comprehensive benefits continues to rise. Managing group benefits effectively is critical for employers in Canada. The need to find balance between offering appealing group insurance to employees and maintaining financial sustainability is not easy.
Here are some innovative cost management strategies that can help businesses navigate this challenge successfully. We are here to help navigate the current benefit landscape to customize solutions for each specific employee group.
Engage a Qualified Broker: Using the services of a group benefits broker will save you time and money. A good broker will have the tools and expertise to market your plan effectively, make recommendations on trends for optimum coverage at the best prices and have an objective perspective on what will work best based on needs. Most brokers do not charge fees for service, they are paid standard commissions by the insurance companies they represent.
Embrace a Flexible Benefits Model; A one-size-fits-all approach often leads to inefficiencies and wasted resources…
