How to go about securing the best policy for your insurance in Canada.
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Trip Planning and Travel Insurance Dec 11th
Planning a trip can be a very exciting time. You have a destination picked out and you are looking forward to activities that you love to do. Hotel rooms are booked, and you cannot wait to get going.
But have you taken steps to protect yourself from medical emergencies? What about protecting yourse.... More »
Do I need flood insurance? Jun 4th
Flood insurance is still pretty new to Canada—it was only introduced in 2015. And while only 19% of Canadians live in flood-prone areas, like along the coasts or in the Maritimes, the Government of Canada reports that floods are the most common natural hazard here, causing over $1 billion in damag.... More »
Want life insurance? You may want to track your fitness, says John Hancock Sep 20th
John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that include optional fitness tracking through tools including wearable devices and smartphones, the company said on .... More »
Pay for insurance annually Jan 6th
Almost everyone pays their insurance premiums monthly, but according to Chad Larmond of Larmond Risk Management Insurance, that’s not wise. “By paying annually, you will save 7% to 9%,” he says. There are three things working against you when you pay monthly. First, there is an administrative .... More »
5 reasons to buy life insurance—right now Aug 20th
If you’re working to improve your financial situation, a few strategies may come to mind: paying down debt, building an emergency fund, investing inside a tax-free savings account (TFSA) or a registered retirement savings plan (RRSP), or putting your money in other savings vehicles. These are all .... More »
Mother Nature proves less troublesome for Prairie farmers in 2017: report
– canadianbusiness.com
REGINA _ A report from the Canadian Crop Hail Association says a reduction in potentially damaging storm activity on much of the Prairies this past summer led to one of the lightest hail-claim seasons in eight years.
The 2017 report from the Regina-based association shows there were just over 8,600 claims in Western Canada that generated $96 million in insurance payouts.
The report says there was a decrease in storm frequency from the five-year average, while damage claim frequency was down about 30 per cent for the same period of time.
Manitoba farmers suffered the most losses, followed by Alberta and Saskatchewan.
The association says the lack of moisture was widespread this year with record to near-record dry conditions throughout much of Saskatchewan and parts of Alberta.
The organization also says farmers continue to insure their crops for hail damage at near record levels.
The report said there was more timely precipitation in Manitoba where producers enjoyed good yield and quality, despite dry conditions…
The 2017 report from the Regina-based association shows there were just over 8,600 claims in Western Canada that generated $96 million in insurance payouts.
The report says there was a decrease in storm frequency from the five-year average, while damage claim frequency was down about 30 per cent for the same period of time.
Manitoba farmers suffered the most losses, followed by Alberta and Saskatchewan.
The association says the lack of moisture was widespread this year with record to near-record dry conditions throughout much of Saskatchewan and parts of Alberta.
The organization also says farmers continue to insure their crops for hail damage at near record levels.
The report said there was more timely precipitation in Manitoba where producers enjoyed good yield and quality, despite dry conditions…
