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Cash Values & Life Insurance Mar 3rd
In a world of way too much tax there still a tax strategy that Canadians should take advantage of.
This strategy is to decrease your tax burden, and the tactic is purchasing a life insurance policy that allows for tax-deferred growth.
The Concept
Many insurance companies have life insurance contrac.... More »
Canada’s best credit cards 2021 Feb 8th
Finding the right credit card could save you hundreds, if not thousands, of dollars a year. Whether you’re looking for lower fees, more rewards or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balanc.... More »
‘Disgrace insurance’ safeguards brands against celebrity ambassador mishaps Mar 27th
Insurance compensates companies for the expenses of altering a promotional campaign due to an unforeseen disgraceful act
.... More »
Dating dilemma: When to talk about finances Mar 16th
When it comes to popular first-date conversation topics, credit scores and debt levels aren’t at the top of the list. Even committed couples may find it hard to broach financial topics like retirement planning or estate planning. But as the cost of living goes up and people try to plan for the fut.... More »
Ottawa says federal deficit for 2016 17 fiscal year was $17.8 billion + MORE Sep 20th
OTTAWA _ The federal Finance Department says the government ran a smaller deficit than it was expecting in the spring budget, ending its 2016-17 fiscal year with a deficit of $17.8 billion.
That compared with a $23-billion deficit that was forecast in the spring budget.
The smaller-than-expected def.... More »
The Self-Driving Car and the Coming Revolution in Auto Insurance
– online.wsj.com
Google seems to be laying the groundwork to underwrite its own policies, displacing traditional carriers.Generation Y unhappy with home insurance providers
– moneysense.ca
Home insurance (Getty Images/Charlie Roy)The Gen Y’s are not happy. At least not with home insurance and not with customer service from home insurance providers.
While Canadians’ satisfaction with home insurance providers has declined in all regions across the country since 2014, it’s Generation Y where this dissatisfaction has eroded far more rapidly than any other generational group.
The findings are from J.D. Power’s annual Canadian Home Insurance Study, released today, which examined five factors of home insurance interaction. In order of importance these factors were: non-claim interaction; policy offerings; price; billing and payment; and claims. The non-claim interaction factor includes three subfactors: local agent or broker; call centre representative; and website.
Among the survey results, the study revealed that only 55% of home insurance policy holders born between 1977 and 1994, “completely” understand their billing statement. The comprehension level for other age groups is 66%…
