Booking international travel vacations can require a lot of planning before hand - if you're the organized type. You'll want to make sure you've got the necessary visa applications, transportation lined up, and accommodations booked in order to make your vacation magical and memorable! If you're the type of traveler that prefers renting a vacation home instead of a hotel, its definitely a lot easier to book now with many options including VRBO, HomeAway and Airbnb (...)
In 2017 the insurance industry paid out $1.33 billion following a catastrophic event relating to climate change. This is the fifth time in seven years that the industry has paid over $1 billion annually for climate related losses. There are so many factors that contribute to these increasing losses that it's hard to pinpoint one issue. For water, people are finishing their basements more often, and weather events are becoming more frequent, resulting in catastrophic water losses. Thunderstorms with hail is another catastrophic event that can quickly add up, especially when gold ball sized hail is pouring down on a large city center (...)
No matter how careful you are, sports related injuries are part of life as an athlete. Most athletes, or parents of athletes, are familiar with the drill- injury, ice, rest, physio. Injuries, and the resulting time on the side lines, can take its toll on players, coaches, teams and families. From a financial perspective, the frustrations can quickly turn to panic as the costs mount. Unfortunately, provincial health plans do not cover physio, and personal benefit plans can be quickly depleted. Wouldn’t it be great if there was a way to support your athletes in their recovery?
Third Party Liability Coverage protects you if someone else is seriously injured or dies, or if their property is damaged, caused during the use of your vehicle. Your liability coverage will pay for accident benefits, medical costs, lawsuits and damages awarded to the injured party, but it will only pay up to the amount of coverage you have chosen. You can choose the amount of your liability coverage depending on what makes sense for your situation (...)
Home insurance is designed to protect you and your family when you need it most — but all policies have limits and exclusions, and you may want to add extra coverage or endorsements to make sure you’ll always be protected. In the insurance world, an “endorsement” is a change to the coverage outlined in your insurance policy. It can add or remove coverage, and it overrules any wording in the policy itself. A “rider” (also known as a floater) is an endorsement (...)
Auto insurance is designed to protect you and your vehicle when you need it most — but all policies have limits and exclusions, and you may want to add extra coverage to make sure you’ll always be protected. The province of Ontario mandates that you carry the minimum coverage, which includes third party liability coverage, statutory accident benefits coverage, direct compensation coverage, and uninsured automobile coverage. However, there are situations where you will want or will be required to have additional coverage, often in the form of endorsements. In the insurance world, an “endorsement” is a change to the coverage outlined in your insurance policy (...)
It's time to winterize your home! Whether you like it or not, winter is on its way and it will be here before you know it. To ensure you’re prepared for it, you need to take action now, not once we get our first snow storm. The temperature outside now is just right to get the garden and lawn ready for winter, put away your summer tools and get out your snow shovel and other cold weather tools. Winter in Ontario is a time when many of us hibernate from the cold. We enjoy warm fires, comforters, watch Netflix excessively, or just leave the country entirely in the pursuit of warmer climates (...)
Thinking of organizing your own sports event? It’s a great way to get everyone together, raise money for a charity or even have a bit of fun. If you're new to organizing events, or you don't do this on a full time basis, the world of insurance can be a little confusing. Accidents happen all the time, and sporting events are no exception. Whether you're hosting an event or you're participating in one, a lot could go wrong in a very short period of time. You may or may not be sued, however knowing you are protected from any frivolous or legitimate claims will certainly give you peace at mind (...)
If you think having “no-fault” car insurance coverage means you’ll never be considered “at fault” for an accident, you’re not alone — that’s a pretty common misconception. But in the insurance world, “no-fault” means something a little different. “No-fault insurance” is the term used to describe the car insurance system that’s in place primarily in Ontario, Nova Scotia, New Brunswick, and PEI. The official name for this coverage is Direct Compensation Property Damage (...)
