There are more insurance options in Canada than you can shake a stick at! Stay on top of the best policies right here.
Latest News
Should my tenants have renters insurance? + MORE Apr 25th
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. Fin.... 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 »
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 »
How much is insurance for a new driver? + MORE Mar 24th
You might believe that all you need to do to hit the open road is pass your driver’s test and put your keys in the ignition, right? Wrong. All drivers in Canada, including new ones, must also obtain auto insurance before they can legally drive. So, how much is insurance for a new driver? If you o.... More »
Term vs. whole life insurance: Which type of policy is best? + MORE Mar 20th
Term or whole life insurance? That is the question. But we have two more questions: What is the difference between these two types of policy? And which one is best for your needs?
Generally speaking, term life insurance is best for those seeking a low-cost, short-term solution. Whole life insuran.... More »
Where to find and apply for COVID-19 financial relief
– moneysense.ca
The COVID-19 outbreak has dealt a shock to our economy, shuttering entire industries and leaving many more businesses in limbo, forcing layoffs and loss of income on many people. Fortunately, the Canadian government and several other institutions are offering financial relief for Canadians during the COVID-19 pandemic. If you have lost your job, have decreased income, need to stay home to take care of someone else, need to isolate or are sick yourself, the following emergency measures can help cushion the blow, including the latest news on the federal government’s plan for relief when the Canada Emergency Response Benefit (CERB) ends.
Canada Emergency Response Benefit (CERB)
This is a COVID-19 emergency aid measure set up by the federal government to help get financial relief to Canadians quickly and efficiently. It is a taxable benefit that pays $2,000 per month for up to four months (16 weeks), retroactive to March 15.
Who qualifies for CERB?
Canada Emergency Response Benefit (CERB)
This is a COVID-19 emergency aid measure set up by the federal government to help get financial relief to Canadians quickly and efficiently. It is a taxable benefit that pays $2,000 per month for up to four months (16 weeks), retroactive to March 15.
Who qualifies for CERB?
Workers who have lost their jobs or cannot work because of the COVID-19 outbreak
UPDATED: Workers whose income has fallen to $1,000 per month or less, including self-employed and gig-economy workers
Workers who are sick, quarantined, or caring for someone else who is sick
Working parents who can’t work because schools and daycares are closed
Workers who still have jobs but, due to required workplace shutdowns and layoffs, are not working right now
Independent contractors and self-employed workers who don’t usually qualify for Employment Insurance (EI)
How is CERB different from EI?
The CERB is specifically designed to fill in the gaps that surround the current EI system…
