Unique ideas for your last will and testament + MORE Dec 1st

How to go about securing the best policy for your insurance in Canada.
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What DCPD insurance means to you Jan 19th

Direct compensation property damage, or DCPD, has nothing to do with your house and everything to do with your wheels. Part of the no-fault auto insurance system, it is a mandatory component of car policies in Ontario, Quebec, Nova Scotia, New Brunswick, Newfoundland and Prince Edward Island. The bi.... More »

The Power of Positivity: a Q&A With Onlia’s Fernand Vartanian Oct 19th

What’s new in the world of insurance? Over the last few years, drivers in Ontario have been eligible for discounts or incentives based on safe driving behaviour. Recent regulatory changes mean that now some providers of pay-as-you-drive policies could increase a customer’s premium if the trac.... More »
 online insurance

Updating Your Life Insurance Policy Jan 19th

A life insurance policy is instrumental when it comes to protecting your family and providing for them financially in the event that one or both parents pass away. How much coverage is required depends on many different factors. Simply put, when a person dies , that person’s estate (consisting o.... More »
 renters insurance

How to make the most of your TFSAs in retirement + MORE Dec 17th

Unlike your Registered Retirement Savings Plan (RRSP), which must start winding down the end of the year you turn 71, you can keep contributing to your tax-free savings account (TFSA) for as long as you live. Even if you make it past age 100, you can keep adding $6,000 (plus any future inflation adj.... More »

What Does Silicon Valley Bank’s Collapse Mean for Canadians? Mar 25th

The collapse of Silicon Valley Bank, or SVB, earlier this month has been sending shockwaves throughout North America’s tech and banking industries. The lender, based in Santa Clara, Calif., had clients that included start-ups like HR and payment firm Rippling and major tech companies like Roku. It.... More »
When you write a will, it is your opportunity to ensure your final financial and other wishes are carried out by your executors. given how many people have no will at all, I am happy to see technology is making it easier to prepare and sign a will without having to leave home. But there are circumstances where a little creativity may be worth considering, and that generally requires guidance from an experienced estate lawyer. 
I often talk to clients about estate planning, and sometimes those discussions involve planning for a meeting with a lawyer. Here are a few ideas to fuel your own discussions.
If you have young kids
The math I like to bring people through is meant to help them to understand the value of their estate. This is generally calculated as:
Value of estate = (assets + insurance) – (debt + income tax + estate costs) 
Real estate values are so high in some cities that estate values have risen considerably, even for middle class families. However, insurance is also a big consideration…

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Purchasing tenant insurance is kind of like purchasing an extra turkey for your holiday dinner. We’re glad we have it on hand in case something goes wrong with the first one, but we hope we never have to use it.
Tenant insurance is often purchased before you move in to a new place, with the intention that if anything goes wrong—say your toilet floods or a neighbour trips over your stylish shag carpet and hurts themselves—your insurance policy will cover the cost of the damage.
Many policyholders will never have to submit a claim. They can simply rest easy knowing they’re covered in the event of any what-ifs that may arise in the future.
Should something go wrong, and you do find yourself in the position to file a claim, we’ve prepared a quick guide, providing you with insider knowledge on how to best prepare to submit a tenant insurance claim.
Read your tenant insurance policy
Although many insurance policies tend to be long and filled with hard-to-understand legalese, it’s important to know exactly what you’re covered for and what you’re not…

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So, you’ve finally purchased that second property and you can’t wait to start renting it out. As you fluff the pillows and iron the curtains, it might be a good idea to start thinking about how you want to keep your property protected as you start to invite other into it.
When listing a property on a home-rental website, like Airbnb, you’ll notice that you’re covered under something called a “Host Guarantee.” This guarantee is designed to alleviate some of the stress that comes with renting out your personal property, offering protection in the event that something gets damaged or destroyed during the rental period. Sounds easy right? Let’s take a closer look.
Is your home listing with Airbnb insured?
If you look at the terms and conditions of the Host Guarantee, Airbnb states that this guarantee does not cover you for everything that may happen during the time you’re renting out your property. In fact, it acknowledges that this “guarantee” is not an insurance policy and encourages renters to purchase an insurance policy to cover any loss that is not within the terms…

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