How to go about securing the best policy for your insurance in Canada.
Latest News
Why is condo insurance going up? Sep 12th
Condo insurance increases have been making headlines. In B.C., there’s been a significant jump in premiums that are making condo-living increasingly expensive. According to online condominium data resource Eli Report, B.C. condos are bracing for insurance increases that range from 25% to a who.... More »
Deadline day brings push for health law enrolment after technical glitch on website fixed Feb 15th
WASHINGTON – After a computer glitch was patched up, supporters of President Barack Obama’s health care law were out in force Sunday trying to get uninsured people signed up by the official deadline for 2015 coverage.
The effort had the trappings of a get-out-the-vote drive, with email r.... More »
Roundup: Canadians respond to the new prostitution law + MORE Dec 13th
Jonathan Hayward/CP
Bella Clava has been a sex worker in Toronto on and off for many years. She prefers to use this pseudonym to protect her identity, as she’s also a social worker and mother of one young daughter. “A lot of people believe that sex work is inherently violent, but I don’t belie.... More »
Attention, ESG investors: Canada’s biggest carbon-emitting public companies Jan 24th
The effects of climate change are a risk to Canadians and the Canadian economy in more ways than one. There are the direct issues, like fires, floods and storms, increasing in both frequency and intensity (plus threatening lives and homes, and raising home insurance premiums, too). There are financi.... More »
This 29-year-old has been laid off twice as a server and is starting from scratch, spending all his savings to study UX design. Living at home, he wants financial help + MORE Mar 16th
Peter, 29, a server working in Halton Region, was laid off for the second time in December, during COVID-19’s second wave. Currently, he’s receiving $1,800 a month (before tax) through Employment Insurance..... More »
Why disability insurance is so important
– moneysense.ca
Getty ImagesOne-in-three working Canadians will experience a period of disability lasting longer than 90 days during their working lives, according to statistics but a new study for RBC suggests nearly half of Canadians underestimate how frequently disability actually occurs.
In reality, 62% of Canadian workers have been exposed to someone having taken time off of work due to a disability, with 25% having had taken this time themselves.
Even a temporary disability could affect your ability to work and take home a paycheque. Without disability insurance to help cover expenses, many families would find themselves in financial trouble. A separate study released earlier month revealed 51% of workers would find it difficult to meet their financial obligations if their paycheque were delayed by a single week.
“When it comes to disability, what Canadians don’t know can hurt them,” RBC’s Mark Hardy said in a press release Tuesday. “The research indicates that Canadians are overly optimistic about avoiding a disability and that lack of understanding reinforces the need for more education around this critical issue…
Some homeowners facing insurance surprises: Roseman
– thestar.com
After weather-related loss claims soared in 2013, some insurance companies are playing hardball with customers when renewing their policies.
