Insurance
If you are looking to learn more about insurance products and insurance policies in Canada such as life insurance, auto insurance, and home insurance, you’ve come to the right place.
Infinite Banking: An Intriguing, Yet Little-Known Strategy
Coined by R. Nelson Nash and first popularized in the United States, infinite banking is gaining in popularity in Canada. In a nutshell, it's a strategy that involves taking out whole life insurance, then borrowing money from your insurance for…
Understanding Life Insurance Medical Exams in Canada
Life insurance helps you feel secure about your family's financial well-being in the case of a tragedy. Whether or not you are the primary breadwinner in your family, life insurance can help your family cover expenses in the event of…
Understanding Whole Life Insurance and its Subtleties
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…
Title Insurance: What Is It and What's It For?
Are you buying a home in Canada? If so, title insurance is a must-have. Not only do most mortgage lenders require it, but considering there's one attempted title fraud every four business days, it’s also the sensible thing to do…
Critical Illness Insurance: How It Works and Is It for You?
Canada defines a critical illness as a life-threatening or life-altering illness or condition. Getting diagnosed with a critical illness devastates the patient and their support network. Based on data by the Government of Canada, about 1 in 12 adults live…
Short-Term Disability Insurance in Canada: Role, Limits and Benefits
What would you do if you could no longer do your job due to health issues? Fortunately, many employers offer short-term disability insurance. It's possible to take out such insurance on an individual basis too. The federal government provides Employment…
Assessing Your Sewer Backup Insurance Needs in Canada
Sewer backup insurance is a coverage that all Canadian homeowners should at least understand, even if it's less relevant to those living in upper-floor apartments. Since it's usually an additional coverage you have to add to your home insurance (and…
Long-Term Disability Insurance: How It Works and What's Covered
A disability can create major problems when it comes to personal finances. While your expenses and obligations remain largely the same (or may increase if you are seeking medical treatment), your inability to work impacts your income. Long-term disability insurance…
The Impact of Deductibles on your Home Insurance
A home insurance deductible is the amount of money you pay out of your pocket if you make a claim. When it comes to selecting the right home insurance policy, it’s vital to understand the deductible because it can increase…
The 10 Cheapest Cars to Insure in Ontario
Looking for the cheapest cars to insure in Ontario, especially in the bustling Greater Toronto Area? With rising gas prices and real estate costs, saving money is more important than ever. While commuting might be a necessity, choosing the right…
Surex Insurance Review
When choosing an insurance provider, I was overwhelmed with the variety of options. Some companies are well-established names, while others I had never heard of. While it’s good to be cautious of low rates and bold claims of each company,…
Your car was not fixed properly after a claim? Here's what you should do in Canada
Have you recently made an insurance claim to repair your car, only to find the shop didn’t fix it properly? You're not alone. This frustrating situation happens to many Canadian car owners, but there are steps you can take if…
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