You finally managed to save enough for a down payment when you’re suddenly surprised by the unexpected costs of buying your dream home. With moving expenses, lawyers’ fees, home inspections, title insurance, renovations and repairs, many experts suggest you put aside up to 5% of the price of your home to pay the bills. Don’t […]
When it comes to buying a home, your down payment is an integral part of the equation. How much down payment for a house you pay, determines your mortgage payments, how much mortgage insurance you pay (if any), and the amount of equity you have in your home. The larger your down payment, the better. But […]
Life Insurance for HIV Persons in the Past Historically, HIV patients had a lot of difficulties in getting life insurance. In fact, the only type of insurance that was available for them was guaranteed issue life insurance, which costs the most and covers the least. The maximum amount people with HIV could get in those […]
Here you can download this infographic as a PDF. DOWNLOAD The variety of insurance companies in Canada is not what it appears to be in the Canadian market. From a consumer perspective there are almost a hundred different insurance companies, but the reality is a bit different: Many companies are owned by other larger […]
Table of Contents (click on a section to jump) General Info about the Zika Virus Zika and Insurance Risks Zika Virus and the Ability to Get Life Insurance What Life Insurance plans and rates do Insurers Offer for Zika Cases? Canadian Protection Plan: Insurance plan and its costs Assumption Life Plan: Insurance plan and its […]
Understanding what aspects increase or decrease life insurance rates is very important because it means you will be able to get better coverage to make sure your family and loved ones have enough financial protection if anything happens to you. The infographic below offers an overview of the top things that can hijack your rates. How […]
Though condo insurance is not a very complicated insurance product, there is often more confusion around condo insurance coverage limits since there are several policies involved into condo protection, including: Commercial Condo Insurance – an insurance policy owned by a condo corporation that typically covers the structure of the building and common areas. Personal condo insurance […]
The word “hot” preludes almost every mention of the Toronto housing market, with news headlines reporting on significant spikes in sales figures and prices on a month-to-month basis. Even a superficial glance at the numbers is enough to resoundingly prove how real estate in Canada’s largest metropolis is experiencing a record-breaking streak. Last year alone, property […]
As if you don’t have enough to worry about if you are diagnosed with multiple sclerosis (MS), but hearing that diagnosis means you also have to worry about your insurance rates. Can you even get insurance if you have MS? Are your rates going to skyrocket? How can you protect your family financially if things […]
Canada’s household debt is at a record high: it’s expected to rise to 174% this year (it was at 171% at the end of 2015). This means that for every $100 of disposable income, households have debt payment requirements of $171. A recent report from the Parliamentary Budget Officer said that of any other G7 […]
