How to go about securing the best policy for your insurance in Canada.
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Financial planning in your 70s + MORE Oct 7th
When most people think about financial planning, they think about saving and investing for retirement. That is certainly a part of it, but financial planning is much more holistic.
Here are a few financial planning strategies for those approaching or into their 70s. If you are not there yet, bookmar.... More »
How well are you protected if you have a car accident? Rising deductibles mean your insurance company could get more than you Feb 28th
If you’re awarded a pain and suffering payment of less than $44,000 in Ontario, the money goes to your insurance company and you get nothing. But there are things you can do to protect yourself..... More »
How to calculate the taxable amount for a cashed-in whole life insurance policy + MORE Apr 18th
Ask MoneySense
I cashed in my whole life insurance policy last year and received a T5 suggesting I have to pay tax on the full amount of my cash value. Is this correct? The cash surrender value was $27,000, I paid $28,000 in premiums, and they told me my pure cost of net insurance was $30,000, whate.... More »
“I discovered water damage in my home. Will insurance cover me?” Sep 1st
My washing machine has been leaking for years, and we only just learned of the leak and the resulting damage because of staining on our basement ceiling below. Will my home insurance cover this? —Alison
Does home insurance cover water damage?
The end result of water damage to your home is a.... More »
TFSA contribution room calculator + MORE Aug 28th
TFSA contribution room calculator
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. Note that in the second box below, you should not “double count” contributions that you have withdrawn and then legitimately re-contributed in the following.... More »
If my flight is delayed or cancelled, can insurance offered by my credit card help cover the cost?
– thestar.com
Medical insurance is typically the first thing that comes to mind when someone mentions travel insurance. But you could get a lot more out of your credit card.
