Up to 76% of Canadians have private health insurance, most often as part of an employee benefits package. But what if you’re self-employed? We’re exploring why health insurance is crucial for self-employed business owners and how you should secure coverage. For all its niceties, employer-provided health or life insurance usually has its shortfalls. It provides…
Do you have a life insurance policy provided by your employer? It can be a great perk and is becoming increasingly common in the Canadian workplace, but don’t assume it will provide you with the right level of coverage. Employer-provided policies are often one-size-fits-all, so always check the fine print. An employer-provided life insurance policy…
The current global economic situation has many Canadians wondering where they can reduce expenditure and future-proof their family’s financial well-being. Safeguarding your family’s future through life insurance is such an important step. We’re going to show you how to calculate how much coverage you need so you know you are paying the right amount. Most…
Mortgage Protection Insurance is a relatively new type of insurance, specifically for homeowners, but what is it exactly? And do you need to have it? We are answering your questions about this home security insurance product so you can make an informed choice for your home and your loved ones. Purchasing a home is likely…
Benefits of using an insurance broker over a direct provider Is it better to buy insurance from a broker? Think of an insurance broker in the same way as you would a mortgage broker. Calling a bank directly won’t always get you the best choices out there, but a mortgage broker can dig deep and…
Everything you wanted to know about critical illness cover but didn’t want to ask. Critical illness cover is right up there with life insurance. We know hypothetically that it is a smart and “adult” purchase to make but we also know that we would prefer to imagine ourselves living long and healthy lives. Like life…
Spring is around the corner and people are starting to feel cautiously optimistic about travel once again. Maybe you are looking to book a vacation or maybe you have already booked and need to ensure you have appropriate coverage. No matter how far you have got into your vacation planning, we have the answers you…
Can you have multiple life insurance policies in Canada? If you can, why would you want to? And in what circumstances? As with most policy questions, the specifics will come down to your circumstances, but we’re here to help you with the broad strokes. To give you an answer in a nutshell, yes, you can…
Are you wondering which path is best for you? Provincial drug plans and individual health plans both have pros and cons. Read more about your choices and make an informed choice. Choosing private or provincial healthcare can be a difficult decision. Most interested parties will tell you why one is infinitely better than the other,…
Are you moving to Atlantic Canada? Getting your health insurance in place is often a top concern for those immigrating. By applying for the right policies at the right times, you won’t have to worry about medical bills. Unfortunately, if you are new to Canada, you will not be eligible for supplemental insurance on your…