Canada Insurance

Who's Got Your Back, New-Home Buyers?

YPNextHome | Posted 05.09.2016 | Canada Business
YPNextHome

New homes and their warranty coverage are increasingly in the news these days, whether because of rising prices or other challenges, and are the subject of some debate. And not all provinces handle new home warranties the same way. The bottom line, no matter where in Canada you're located or who provides the warranty coverage, do you research.

It's Time To Spring Clean Your Financial House

Jane Blaufus | Posted 03.15.2016 | Canada Business
Jane Blaufus

How critically important would it be for you to be in control if life as you know it changes this spring? Remember -- you can prepare now while you are of sound mind and body, or you can pay later. Which one would be your preference?

Why It's Important To Define Critical Illness

Kelly Swanson | Posted 03.17.2016 | Canada Living
Kelly Swanson

Critical illness is a term used to describe a variety of life altering and unexpected health conditions that can severely impact the way you live including working, enjoying time with family, and other activities. This category typically includes heart attack, stroke and cancer, as well as other serious illnesses like Alzheimer's disease. Unfortunately, these are all too common which is why we might want to dedicate more thought to it.

8 Unexpected Ways You Can Save Money On Your Tax Return

Caroline Battista | Posted 03.01.2016 | Canada Business
Caroline Battista

Even after mastering the basics of tax preparation and filing, a lot of filers will often find out new things about their tax returns that end up delivering a few more benefits along the way. I call these tax "aha!" moments.

Uber's Rise Is Forcing Canadian Insurance Companies To Adapt

CBC | CBC News | Posted 02.27.2016 | Canada Business

"Every Uber driver you drive with thinks they're insured."

Insuring Your Hot Street Tuner

Andrew Lo | Posted 02.29.2016 | Canada Business
Andrew Lo

Street tuners are vehicles with modified equipment that improve performance or make them unique in their appearance. But even though they are completely legal for regular driving, most insurance companies shy away from providing coverage for tuners.

10 Ways You Can Cut Your Car Costs

Anne Marie Thomas | Posted 01.27.2016 | Canada Business
Anne Marie Thomas

You've probably heard that buying a car is one of the worst investments you can make. Reports suggest Canadians spend more than $5,000 a year on maintenance and gas, not to mention tickets, driver's licence and plate renewals, parking and insurance. But does it really have to be this way?

The Biggest Personal Finance Fails Of 2015

Jeffrey Schwartz | Posted 12.31.2015 | Canada Business
Jeffrey Schwartz

To err is human. Mistakes can be a valuable learning opportunity, and sometimes, the bigger the mistake, the bigger your lesson will be. Lucky for us, there are plenty of people out there who made huge personal finance mistakes in 2015, and we have the benefit of being able to sit back and learn from them.

Life Insurance Should Be A Part Of Your Financial Toolkit

Doug Baker | Posted 11.25.2015 | Canada Business
Doug Baker

Too many Canadians overlook a critical aspect of their financial plan: life insurance. We know the number of households that own individual life insurance policies is falling, but the reality is that 33 per cent of families would be in immediate financial trouble if something were to happen to their primary breadwinner.

Life Insurance Providers Must Innovate In A Millennial World

Doug Baker | Posted 10.30.2015 | Canada Business
Doug Baker

The current process has all the hallmarks of other industries that have been severely disrupted: centrally controlled by a head office, highly regulated, lacking transparency, subject to byzantine rules, and a lot of process friction from start to finish. There is nothing close to "online," "real time" or "customizable" about it.

6 Questions to Ask Before Buying Travel Insurance

Lisa Jackson | Posted 09.11.2015 | Canada Travel
Lisa Jackson

I made the huge-ass mistake of packing a valuable item -- Luckily, theft was covered by my travel insurance. Or so I thought. The insurance representative regretfully informed me that although stolen baggage was covered, my claim wasn't eligible. It was a baffling and maddening situation, but one that got me thinking: what other insurance loopholes are lingering out there?

7 Reasons Why You Should Say No to Mortgage Insurance

Tea Nicola | Posted 09.10.2015 | Canada Business
Tea Nicola

Buying a new home can be a daunting experience -- especially if it's your first time. One thing that banks love to do is tie mortgage insurance into your mortgage agreement, right along with a dangerous-looking checkbox you need to fill in if you choose to "recklessly" opt out. Here's why I want you walk into that mortgage broker's office, check that box, sign that line and opt out of it with total confidence.

Ontario Auto Insurance Rises, Despite Liberal Government's Promise

CP | Keith Leslie, The Canadian Press | Posted 07.15.2015 | Canada Business

Auto insurance premiums in Ontario rose slightly in the second quarter of 2015, despite the Liberal government's pledge to lower rates an average of 15 per cent by next month.

6 Common Mistakes People Make When Choosing Insurance

Posted 03.23.2015 | Canada Living

Choosing insurance can be difficult, especially when you go it alone. A lot of people love to tackle projects by their lonesome, and taking on a new t...

Disability and Debt: When One Happens to Canadians, the Other Follows

Jeffrey Schwartz | Posted 04.02.2015 | Canada Business
Jeffrey Schwartz

Many Canadians are well aware that a disability could occur at any time. Ninety-six per cent of us believe it, according to a recent RBC survey. The same survey showed that more than three-quarters of us also believe that missing three months of work, due to disability, would put us in serious financial jeopardy. Here are some steps you can take to prepare yourself for a possible disability.

Is Your Home Really Fully Insured?

CBC | Posted 01.10.2015 | Canada Business

You pay the premiums every year, but if your home was damaged or destroyed, would you get the amount you're insured for? Not necessarily. Stuart a...

John and Jane Doe: What Kind of Insurance Do We Need?

Sarah Twomey | Posted 10.06.2014 | Canada Business
Sarah Twomey

Jane has good benefit coverage provided by her employer that provides some insurance for her and John. However, she thinks that John should consider some additional insurance because of his home-based business. So they spoke to an insurance expert about life and property coverage.

Canada's Healthcare System Becoming Too Similar To United States'

Colleen M. Flood | Posted 09.28.2014 | Canada Politics
Colleen M. Flood

The latest Commonwealth Study ranked Canada's health care system a dismal second to last in a list of eleven major industrialized countries. It is true that Canada's health system is fragmented and uncoordinated. Too often people fall through the cracks and we are miserable at managing patients with multiple illnesses. And too often our system feels unresponsive to the concerns of patients and their families.

An RV Can Make Your Summer Great (If You're Insured)

Sarah Twomey | Posted 07.23.2014 | Canada Business
Sarah Twomey

Summer is synonymous with long lazy days, picnic lunches and road-trips. There's nothing better than driving with the windows rolled down and your favourite tunes blaring. And for a growing number of Canadians that means hitting the road in an RV.

Illness Can Strike at Any Time -- Insure Your Savings

Jane Blaufus | Posted 05.05.2014 | Canada Living
Jane Blaufus

If you suffered a critical illness and if money were no object, I am sure all of us would spend every last dime we had to recover and get on with our lives. Sadly, most of us are not in such a position. Therefore, where would one get the money if there were no bottomless money pouch available? Here are some ways you can use critical illness insurance to fill a financial void.

Typhoons Are Only Getting More Powerful as the Planet Warms

David Fogarty | Posted 03.19.2014 | Canada
David Fogarty

The intensity of tropical cyclones striking East Asia has sharply increased over the past 30 years and major cities and ports such as Shanghai in China could face a greater threat from more powerful storms in future, a study published on Thursday shows.

Make 2014 the Year You Commit to Getting Financially Fit and Healthy

Jane Blaufus | Posted 02.28.2014 | Canada Living
Jane Blaufus

This New Year as you make your resolutions, commit to making one that will get you healthy and fit -- financially. While setting personal resolutions have become second nature, the New Year should also be the time each of us sits down with family. Talk about what your financial goals are in 2014 and what you need to have in place to ensure that your family is protected and aware.

Do Your Future Self a Favour and Plan for the Worst

Jane Blaufus | Posted 02.01.2014 | Canada Business
Jane Blaufus

When someone becomes critically ill, it can become very difficult or next to impossible for them to do the day-to-day things they need to in order to run a successful business. However, all is not doom and gloom, there is a solution to this situation but it needs to be in place before someone becomes critically ill not after and it is called critical illness insurance.

Should Your Genetics Be Available to Insurance Companies?

Robert L. Brown | Posted 01.28.2014 | Canada Business
Robert L. Brown

Ontario is proposing a change to the Ontario Human Rights Code aimed at protecting people's genetic information from being used by insurance companies and employers. The proposed privacy regulations sound like a positive move for society -- a policy slam dunk. But, one can expect the insurance industry to oppose such legislation with some fairly logical and fundamental arguments.

September: Life Insurance Awareness Month

Jane Blaufus | Posted 11.04.2013 | Canada Living
Jane Blaufus

This weekend a piece of Ontario history burned to the ground with the overnight loss of the St. Jacob's farmer's market. Ironically, my husband and I ...