How to go about securing the best policy for your insurance in Canada.
Latest News
Watch: Climate change in Canada and the rising cost of home insurance + MORE Oct 3rd
What does climate change have to do with home insurance? Weather-related insurance claims have gone up in Canada. And that is having an impact on not only weather, but also home insurance premiums. MoneySense’s Managing Editor, Lisa Hannam, explains.
Watch: MoneySense – Home Insuran.... More »
Scotiabank Gold American Express Card review Jan 12th
The Scotiabank Gold Amex combines some of the best aspects of a travel card with the ability to participate in the Scene+ Rewards Program. For a modest annual fee, you’ll enjoy considerable insurance coverage, some travel perks, and the ability to earn up to 6 Scene+ points per $1 spent.
Who is.... More »
Do we really need a will right now? + MORE Oct 22nd
In our April 2016 issue of MoneySense, we introduced you to Shannon Jarrett, 37, and her partner Marcin Duran, 34. They’re trying to track their money, come up with shared goals and cash in bad habits. Throughout the year we’ll be giving them a financial challenge every month to help them get he.... More »
ObamaCare's Hotel California Sep 4th
Democrats work to ban an affordable health insurance option..... More »
Companies abandon ambitious plan for solar energy plants in African, Middle Eastern deserts Oct 14th
BERLIN – It sounded like a good idea: build massive solar energy plants in the deserts of North Africa and the Middle East to supply Europe with 15 per cent of its electricity needs by 2050.
But the consortium behind the ambitious plan has now admitted defeat following disagreements over fundi.... More »
Should You Get Critical Illness Insurance?
– ratesupermarket.ca
If you were diagnosed with a critical illness, would you have the financial support you needed? Suffering from a long-term condition like cancer or recovering from a heart attack can be a life-altering event – one with catastrophic financial implications.
The unfortunate reality is critical illnesses are a lot more common than you’d think. Forty five per cent of men and 40 per cent of women will develop cancer during their lifetimes, according to the Canadian Cancer Society. Each year Canadians suffer over 70,000 heart attacks, according to the Heart and Stroke Foundation. And according to the Heart and Stroke Foundation, one person suffers a stroke every 10 minutes in Canada.
What Is Critical Illness Insurance?
When you suffer a heart attack or a stroke, not only can it be devastating to your health, it has the potential to leave your finances in ruin. If you’re depending on the government to pay for your recovery, you could be in for a rude awakening. Not only can government benefits be tough to qualify for (they are typically based on your age, condition and family income), more often than not you’ll end up sharing the cost…
