Should my tenants have renters insurance? + MORE Apr 25th

How to go about securing the best policy for your insurance in Canada.
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Top 5 Craziest Life Insurance Frauds

– life-insurance-quotes.ca

Top 5 Craziest Life Insurance FraudsSince the existence of life insurance there have been many people who have faked their own death and attempted to collect on a life insurance claim by splitting the claim proceeds with a beneficiary such as a spouse or relative.
How many people have actually gotten away with this? It is impossible to say, since we only know about the people that have been caught submitting a bogus life insurance claim. What we do know, however, is that people are not always smart about filing a bogus claim, and in the following bizarre cases have been downright stupid about it.
So, let’s get going with our top 5 list of the craziest life insurance claims!
Crazy Claim #1: Cabbage Trucks and Fingerprints
In 2005 Anthony McErlean faked his own death by impersonating his wife and then claiming that he had been killed after being struck by a cabbage truck while traveling in Honduras. The life insurance he stood to collect was about 500,000 British pounds.
The insurance company was suspicious of the circumstances (what tipped them off we don’t know) and had the police check out the story…

Continue Reading On life-insurance-quotes.ca »

Renters insurance likely isn’t on the top of your to-do list as a landlord—but it should be for your tenants. And it may deserve a nudge from you. As a property/home owner, you carry your own property insurance, but there are convincing reasons to ask your tenants to have their own policies. Find out about what renters insurance is, how it protects your tenants, and how it protects you, too. 

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What is renters insurance?
Renters insurance—also called tenant insurance—is a policy that covers loss, damage or liability on the part of your tenant. There are many things to consider when you become a homeowner, and even more when adding tenants to the mix. Renters insurance is one of them. When you rent out your home, your tenant becomes liable for any damage to your property and for any harm to others while on your property. 
“In the event the tenant is found responsible for damage, for example, as a result of a kitchen fire, a typical tenants insurance policy would cover up to $1 million,” says Jesse Bajwa, customer care manager at Sonnet Insurance Company…

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