In its basic definition, insurance is intended to cover catastrophic, financial loss. To be worth insuring a loss should be both catastrophic and financial.
All too often, we put a huge emphasis on “saving”. This is particularly true in the PF blogosphere.
A couple of months ago, I settled with ICBC regarding a car accident I was involved in back in October 2017, and for which I was not responsible.
British-Columbia is one of 3 provinces in Canada that has an at-fault system when it comes to car accident.
The Office of the Superintendent of Financial Institutions (OSFI) implemented a new mortgage rule that will come into effect on January 1st 2018.
Upon retirement, many people decide to convert their savings into an annuity. But what is an annuity?
Life insurance is probably one of the most confusing and complex financial product out there.
Many Canadians believe their healthcare system is universal, but it is actually not exactly true.
In Canada, auto insurance is mandatory. Each province and territory has its own requirements
Group benefits are various insurances an employee can get from their employer, such as extended health or life insurance. In … More