There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
It is a long-held belief that Amex® cards are just for the wealthy – but their current selection of cards should help to dispel that myth. From no-fee cards with low balance transfer offers, to top tier cards with VIP benefits and comprehensive travel insurance, there really is something for eve.... More »
With a good travel credit card in your name, going on a trip can suddenly become affordable. And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexib.... More »
Life Insurance Needs For Older Parents In the past 25 years, there has been a growing trend to postpone parenthood until later in life. Many Canadians are choosing to focus on career, financial security, and other pursuits, before starting to raise a family. For those who wait until later in life to.... More »
Q. I’m about to start a home renovation. What type of paperwork and contracts should I have with the contractor? And do I need any type of insurance in case anything goes wrong, or am I already covered under a home insurance policy? –Sharon A. These are all good questions, Sharon. Let’s start .... More »
On October 20, 2019, Scotiabank identified a technical error where legitimate charges on certain customers’ credit card statements were mislabeled as “BNS Scotia Life Insurance.” The mistaken charges all took place between October 18 and 20. Many customers were angry and took to.... More »
If your children live at home and will drive your car, even occasionally, your insurance company will consider them “occasional drivers” and will add them to your auto insurance policy. The rule also applies to others living in your household, including relatives and roommates. When should you add a child to your auto insurance policy, and when can they be omitted?
When should we add a child to our car insurance policy?
You need not add your child to your car insurance policy in Canada until they’ve been licensed to drive and are driving on their own. Most Canadian insurance companies don’t require you to include a teen who is still using a learner’s permit and can only drive with an adult in the car for learning purposes. Once they advance in your province’s graduated licensing programs and can drive without a supervising adult, you will need to add them as an occasional driver to your car insurance policy.
If your adult child lives at home with you and drives your car even occasionally, you should add them to your car insurance policy…