How to go about securing the best policy for your insurance in Canada.
Latest News
Export Development Canada to pay $969M dividend to federal government + MORE Apr 5th
OTTAWA _ Export Development Canada is paying a $969-million dividend to the federal government this year.
The payment compares with a dividend of $786 million the agency paid last year and $500 million paid in 2016.
EDC generates revenue primarily from interest on loans, fees on its guarantee produc.... More »
Federal Equity-Split Program Begins Monday Sep 1st
The First-Time Home Buyer Incentive (FTHBI) will officially begin on Monday, September 2. The program was initially announced during the Federal Government’s budget launch in March. The down payment assistance program will be administered by the Canada Mortgage and Housing Corporation (CMHC), and.... 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 »
Life Insurance Rates and Health Conditions Apr 9th
Most life insurance plans are medically underwritten, which means that the insurance company has an underwriter look at your medical history (as well as conducting an interview with a medical practitioner) to evaluate your overall health condition. This evaluation determines what health class an ap.... More »
7 disability insurance myths to stop believing + MORE Sep 25th
Disability insurance can be a tricky topic, and misinformation is common. Luckily, insurEye, a Canadian insurance education site, has compiled a list of more than 100 disability myths that need busting. We’ve picked seven that we think are most prevalent.
Get personalized quotes from Canad.... More »
Q3 Insurance Rates Drop in Ontario: FSCO Reports
– ratesupermarket.ca
Good news for drivers who need to renew their auto coverage: insurance providers lowered their premiums by an average of 0.5 per cent in Q3, reports FSCO.
The discount is part of the Ontario Liberals’ promise to reduce rates by a total of 15 per cent; while the initial July deadline to do that wasn’t met, they’re still striving for providers to steadily reduce their rates. It has been estimated that the measures will save drivers an average of $225 on their premiums.
As a result, insurance rates have dropped an average of 6.56 per cent across the province since July.
FSCO also announced regulatory changes that require all insurers to offer a discount for drivers who use snow tires. The discount will be applicable to all new and renewing policyholders as of January 1, 2016.
What Does This Mean for Drivers?
Auto insurance providers cutting their rates give drivers even more opportunity to shop around for the best deal. Remember, the rate cut is a province-wide average, meaning not every insurer has slashed their premiums; in fact, some have raised them…
Driving Records and Life Insurance
– life-insurance-quotes.ca
Did you know that a poor driving record can affect a life insurance application? Convictions like multiple speeding tickets, dangerous driving and DUI (Driving Under the Influence) can all be cause for higher premiums or outright declines by the insurer.
