Popular articles about insurance
The 15 Best Car Insurance Companies in Canada
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Surex Insurance Review for 2023
The Ultimate Guide to Condo Insurance in Edmonton
When protecting your home, condo insurance is an absolute must. In Alberta, the Condominium Property Act governs the management of condos. The Act covers all aspects of operating a condo in Alberta, including insurance for the corporation. As a condo owner in Edmonton, it’s essential to understand the ins and outs of condo insurance for […]
What Happens When You Miss a Car Insurance Payment in Ontario?
As a responsible car owner, it’s crucial to understand the implications of missing a car insurance payment in Ontario. Auto insurance is not only a legal requirement but also provides financial protection in case of unfortunate events. By having a firm grasp of the consequences of missed payments, you can make informed decisions and mitigate […]
The Ultimate Guide to Sewer Backup Insurance in Canada
Sewer backup insurance is a critical coverage every homeowner should consider. Water damage represents a significant portion of insurance claims, with 40% of these claims resulting from sewer backup. While it’s not the most glamorous topic, understanding sewer backup insurance can save you from significant financial headaches. In this comprehensive guide, we’ll dive deep into […]
The Ultimate Guide to Uber Driver Insurance in Canada
If you are considering becoming an Uber driver in Canada, you must familiarize yourself with the ins and outs of Uber driver insurance. Understanding the legal requirements will protect you and give you peace of mind as you hit the road to earn extra income. In this ultimate guide, we will explore everything you need […]
What to Do If You’re Hit by a Car in Canada?
Unfortunately, collisions between cars and other vehicles and people occur frequently on Canadian roads. If you get hit by a car and wonder what to do next, this article guides you through the process. This applies whether you get hit by a car as a pedestrian or a driver. Ultimately, you will take immediate steps […]
How Long Do I Have to Report a Car Accident in Canada?
The deafening crash, the sharp gasp, and the inevitable question, “Is everyone okay?” If you’re reading this right now, chances are you’ve been involved in a car accident recently (and your heart might still be racing!). First things first: take a deep breath. It’s okay to feel rattled. The next question you need to ask […]
The Ultimate Guide to Pafco’s Second Chance Auto Insurance Policies
If you have been struggling to obtain auto insurance due to a less-than-perfect driving record, don’t despair. Pafco’s Second Chance Auto Insurance may be the solution you seek. With its unique features and benefits, it helps individuals rebuild their driving record and get confidently back on the road. In this ultimate guide, we will delve […]
The 15 Best Car Insurance Companies in Canada
When searching for the best car insurance companies in Canada, it’s crucial to find a provider that offers comprehensive coverage tailored to your unique needs. After all, who do you call first when you have a car accident? Your insurer! So it’s critical to find a policy that protects your vehicle against damages and medical […]
What is Stunt Driving in Ontario & What Are The Penalties?
Stunt Driving in Ontario isn’t just about slick Vin Diesel moves in a 1970 Dodge Charger. The reality is a lot less exciting but no less important. Excessive speed or even just a quick acceleration could land you in hot water – or even behind bars. But what exactly constitutes “stunt driving in Ontario” and […]
The Ultimate Guide to Whole Life Insurance in Quebec
There are several types of life insurance available. When shopping for life insurance, you have the choice between a whole life policy, with or without participation, term life insurance, and universal life insurance, among others. Whole life insurance is particularly interesting for individuals who want a policy that will not expire. It also includes an […]
What happens when your car is stolen and then found in Canada?
Imagine the sinking feeling of stepping out of a store, only to find that your car has gone missing. No car owner wants to experience this scenario but it happens more and more often. Unfortunately, vehicle theft has become a global issue, affecting countless individuals and communities worldwide. In this article, we will explore the […]
How to Make a Successful Water Leak Insurance Claim in Canada
Water leaks can cause significant damage to your home, but if you have the right home insurance, it should cover you for any repairs or replacements you need. This guide explores how to claim water leak insurance in Canada successfully. Understanding Your Water Leak Insurance Coverage Before we delve into the process, it’s best to […]
Frequently asked questions about insurance
How does life insurance work?
A life insurance policy is a bilateral contract between you and an insurance company. The premise of life insurance is that in exchange for regular premiums made to the policy while the policyholder is alive, the insurer will pay cash to the policyholder’s beneficiaries as a lump sum or in installments upon the holder’s death. The life insurance coverage amount you need is really a personal choice and dependent upon the annual expenses that your beneficiaries are expected to incur, as well as other costs (such as the education of a child) that you want to fund. To select the optimal type of life insurance for your needs, it is advisable to gather insurance quotes from several insurers and evaluate their terms, conditions and pricing (i.e., your premium) fully to determine what’s best for you and your family.