All about Canadian insurance. Learn the ins and outs and get the latest news.
Latest News
Florida's Insurance Test + MORE May 2nd
Will Republicans block an attempt to limit a legal scam?.... More »
Compare car insurance quotes from Canadian providers Jun 24th
Auto Insurance
Compare car insurance quotes from top providers in Canada
In under five minutes, get a personalized car insurance quote from one of Canada’s top providers—free of charge. Just tap the button to get started.
Get a free quote now* .... More »
Can life insurance be used as a fixed income investment? Dec 21st
Q. I am 55 years old, recently finished a four-year battle with cancer, and will be retiring soon. I have a healthy portfolio, consisting of 60% in blue-chip stocks and 40% in fixed income, which will look after my husband’s and my financial needs in the future. I also hold a $2-million life ins.... More »
This Year’s Best Credit Cards for Travel Perks Dec 10th
For the avid traveler, there are a few things you can’t go without – your passport, travel insurance, and a good travel rewards credit card.
Those who travel pretty often already know – the opportunity to gain rewards with a good travel credit card are hard to resist. You can easily earn deep.... More »
What is pet insurance—and do you need it? + MORE Sep 25th
Did you know that 60% of Canadians have a pet, but only around 4% of these furry friends are covered by pet insurance? If you’ve put off purchasing pet insurance because you’re unsure what it is or whether you even need it, we’re here to help.
As pet insurance becomes more common and availa.... More »
The Ins and Outs of Home Insurance for the First-Time Buyer
– ratesupermarket.ca
There’s so much to know as a first-time homebuyer, not the least of which is how to protect your brand new asset. Home insurance is something that isn’t mandated, but homeowners should include it as part of their financial plan. We’ve broken down the ins and outs of purchasing home insurance to ensure you receive the best possible protection at the right price.
Why Should I Get Home Insurance?
Insurance is one of those areas where you may feel like you’re throwing your hard-earned cash into a black hole every year. The truth is, the consequences of not purchasing it are too stressful to even imagine. In the case of home insurance, it will cover the replacement cost of your valuables and living expenses if you’re not able to stay in your home after an unforeseen event.
What Type of Home Insurance Should I Get?
Your options range from basic which only covers specified risks, to comprehensive which covers virtually every risk. The type of insurance you purchase depends entirely on the level of risk you’re willing to take on, and how much you’re willing to pay…
OTTAWA – An in-depth review of Canada’s anti-money-laundering efforts has uncovered serious concerns that organized crime is using the country’s hot real estate sector to illegally funnel cash.
The report from the Paris-based Financial Action Task Force makes special note of real estate as an area of the economy with a high risk of illicit activity, one of a few weak spots in what the report calls a comprehensive federal regime to combat money laundering and terrorist financing.
The charitable and life insurance industries are also identified in the report as sectors at risk of providing financial help to terrorists and criminals.
Of particular concern are real estate schemes in which a foreign or domestic criminal provides cash to a local buyer, or more sophisticated schemes where loans and mortgages are combined with lawyers’ trust accounts to move money around quietly.
The Canada Revenue Agency is investigating questionable transactions in the Vancouver real estate market, part of a wider study the federal government is doing into ever-rising housing prices there and in Toronto…
The report from the Paris-based Financial Action Task Force makes special note of real estate as an area of the economy with a high risk of illicit activity, one of a few weak spots in what the report calls a comprehensive federal regime to combat money laundering and terrorist financing.
The charitable and life insurance industries are also identified in the report as sectors at risk of providing financial help to terrorists and criminals.
Of particular concern are real estate schemes in which a foreign or domestic criminal provides cash to a local buyer, or more sophisticated schemes where loans and mortgages are combined with lawyers’ trust accounts to move money around quietly.
The Canada Revenue Agency is investigating questionable transactions in the Vancouver real estate market, part of a wider study the federal government is doing into ever-rising housing prices there and in Toronto…
