What is landlord insurance? + MORE Sep 24th

There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.

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National Bank of Canada World Elite Mastercard review Oct 31st

National Bank’s World Elite Mastercard has long earned accolades for its included insurance, robust points program and unique and valuable perks, making it a solid choice as a travel card. With the fall 2022 restructuring of its rewards program and other adjustments affecting insurance and the rei.... More »

The Power of Positivity: a Q&A With Onlia’s Fernand Vartanian Oct 27th

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 »

Meet the Advisors Who Are Expanding Wealth and Enhancing Legacy Planning + MORE Jun 16th

Established families and business leaders trust the boutique wealth advisory firm to multiply wealth and maximize estate value. Leveraging innovative and sophisticated financial strategies, they’re creating monumental financial impact. Movsessian and Kachani speak about establishing the f.... More »

“I discovered water damage in my home. Will insurance cover me?” + MORE Jan 27th

Q: My washing machine has been leaking for years and we only just learned of the leak and the resulting damage because of staining on our basement ceiling below. Will my home insurance cover this? –Alison A: The end result of water damage is almost always the same—repairs to your floors,.... More »

Compare auto insurance quotes for Toronto Dec 18th

Congratulations! You’ve shopped around and found the car or truck you love. But you’ll need insurance before you drive it off the lot—it’s required in Canada. And when it comes to getting a great insurance rate, it pays to comparison shop, as it does with any major purchase. Want to.... More »

Not sure about DeFi? Here’s how Coinchange is making crypto investments safe and easy

– moneysense.ca

As of September 2021, there is over $115 billion USD worth of assets in the decentralized finance crypto market.

Vadim Filippov, Chief Science Officer at Coinchange
Decentralized finance, or DeFi, provides an alternative to traditional banks. Instead of having a third party in a financial transaction—a role banks traditionally played—there is no intermediary. Instead, transactions are handled automatically through technology, executed using smart contracts.
“All financial transactions and records are immutable, un-editable, securely stored on the blockchain,” says Vadim Filippov, Chief Science Officer at Coinchange, a FinTech company that generates yield for customers through blockchain-based assets. “This allows trading, lending, borrowing, insurance and other financial transactions to be automated. And with that automation, the fees generated can go to users, instead of intermediaries.”

Demystifying crypto with yield farming

One of the biggest draws of DeFi is yield farming, which can bring higher rewards than traditional investments…

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What is landlord insurance?

– moneysense.ca

Landlord insurance, true to its name, is a type of policy for people who rent out a room, an apartment or a house to tenants. Also known as rental property insurance, it has some key differences from home insurance—the biggest one being coverage for loss of rental income, in the event that your property becomes temporarily uninhabitable.

Landlord insurance vs. home insurance

Home insurance protects a homeowner, and landlord insurance protects the landlord. While that may seem intuitive enough, it can get more complicated if you rent part of your home or another home.

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Does your home insurance cover you if you rent out part of your home?

Your home insurance policy may be suitable for renting out part of the property where you live (say, a basement apartment). Typical home insurance protects the dwelling, detached structures on your property, personal property (your stuff—not that of tenants) and liability for personal injury or damage to other people’s property caused by you, your family and/or your pets…

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Getting a great Insurance policy within Canada can be tricky – let us help! Visit our Insurance page for the latest advice and articles.

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