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Latest News
How condo insurance works Jul 26th
Condo insurance is a smart decision. Regardless of whether you just purchased a brand new loft or a cozy older suite, you’ll need to make sure your asset is protected.
While condominium insurance is not required by law like car insurance, often mortgage lenders or your building will require you .... More »
Manulife results hit by lower insurance sales, slower wealth management growth + MORE Feb 7th
Insurer reported earnings per share after items of 59 cents; analysts had been looking for earnings of 58 cents a share
.... More »
Video: Do you really need condo insurance? Dec 6th
Condo insurance is what it sounds like: coverage for your condominium. But watch this video to learn exactly what it covers and the difference between your condo policy and the policy of your home owner association (HOA) or condo corporation. It’s worth a few minutes of your time.
Watch: Mone.... More »
How does flood insurance work? + MORE Jul 18th
Flood insurance offers you, as a homeowner or renter, financial protection in the event of damage to your living space due to a flood. It may sound simple enough, but it often gets confused with water damage, and the two are significantly different when it comes to coverage. And since instances of f.... More »
How to save on home insurance + MORE Jul 10th
Affordable home insurance: Does it even exist? While home insurance is not mandatory by law, like auto insurance is, most mortgage lenders require it—and for good reason. Home insurance protects your home and personal possessions from damage or loss. Your home is collateral for your mortgage loa.... More »
Should you buy life insurance for children?
– moneysense.ca
Q: About a year ago our 18-month-old had a liver transplant. We worry he won’t be eligible for life insurance when he’s older and are considering a whole life policy for him while he’s young. Is this wise?—Jenny Reid, Fredericton, NB
A: The first thing you need to do is ask your insurance provider about your son’s eligibility for life insurance when he is an adult. This may save you a lot of work and a lot of worry. Aline Baker of Rogers Insurance in Calgary says that “depending on the circumstances of the child’s medical history, he may very well be eligible for coverage.”
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Should I have life insurance in retirement?
If, however, you’re concerned that he won’t get coverage due to medical exclusions, you could opt for a whole life policy that allows you to increase the coverage without future medical evidence…
ObamaCare and Big Insurance
– online.wsj.com
The Justice Department tries to block the mergers that Obama’s health law intended.
