Shopping around can save you some major money, you just need to keep a few caveats in mind.
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Switch Insurance Without Getting Burned
Browse by Category: Insurance
Don’t Get Caught Up in the Terms
So you’ve finally gotten down to “buy life insurance” on your life’s to-do list. But does your agent or broker sound like they’re speaking another language? Well, he or she is. But here’s the layperson’s guide to understanding some of the key – or confounding – terminology. First off, there are two basic types of life insurance, term and permanent.
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Figuring Out Life Insurance
You should get life insurance. Really, you need it. Everyone tells you this. But the problem is, they never tell you which kind they’d recommend. In fact, there are a few types of life insurance products available on the market, and they fulfill different needs.
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Preparing for the Worst
What if you lose your job and struggle to find another? What if you become ill and can’t work? Your good financial house can come crumbling down very quickly. When there’s suddenly no (or very little) money coming in, you can quickly obliterate your savings accounts and RRSPs. In this scenario you need to decide what kinds of insurance you need.
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Mortgage Insurance 101
RateSupermarket.ca helps to navigate the tricky world of mortgage insurance. After your mortgage has been approved, you should consider protecting yourself against the event that you are unable to make your payments.
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