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A Canadian blog with tips for saving, investing and tax optimization. Topics include RRSPs, RESPs, TFSAs, mortgages, insurance, taxes, ETFs, index funds and asset allocation.
Recent Posts Tagged With 'insurance you can do without'
Insurance You Can Do Without – Life Insurance For Your Child
I went to a trade show this past weekend for parents that are either expecting or recently had a newborn. More than one of the booths was pushing life insurance for your newborn. They were marketing it as cheap insurance that will help you save for y...
Insurance You Can Do Without – Involuntary Unemployment Credit Insurance
Involuntary unemployment credit insurance is another type of insurance you can do without. This insurance might be offered with a credit card or auto loan and will cover your payments, usually for up to 6 or 12 months, if you were to be laid off. Whi...
Insurance You Can Do Without - Credit Life Insurance
Credit life insurance is purchased so that the balance of your car loan or credit line would be covered if you die before your debt is paid. As with many of the policies in the Insurance You Can Do Without series, credit life insurance in too expens...
Insurance You Can Do Without - Cancer Insurance
Cancer insurance is a supplemental insurance that will pay an initial amount after you are diagnosed with cancer. Then it will likely cover any amounts for expenses that are not paid by your regular benefits plan. The problem with cancer insurance, o...
Insurance You Can Do Without - Credit Card Protection Insurance
Credit card protection insurance is another case of paying too much in premiums for very little protection. Many people signing up for this expect that it will pay off their credit card if they lose their job or become too sick to work. The truth a...
Insurance You Can Do Without - Accidental Death Insurance
Last month we had the first four articles in the Insurance You Can Do Without series. Over this week, lets look at four more types of insurance you can do without. Accidental death insurance may be offered to you as a rider on your regular life insur...
Insurance You Can Do Without - Rental Car Insurance
Every time you rent a car, you won’t get away from their counter without either accepting or rejecting their form of car insurance, known as loss damage waiver (LDW) and collision damage waiver (CDW). Is this insurance necessary? It’s bes...
Insurance You Can Do Without - Auto Glass Insurance
Auto glass insurance is a policy that covers the repair or replacement of your windshield, rear and side windows, and sunroof. No one enjoys getting chips or cracks in their windshield, but is it worth getting insurance for this? One Canadian insurer...
Insurance You Can Do Without - Identity Theft Insurance
Yesterday’s post was the first article in the Insurance You Can Do Without series. The second topic is a relatively new insurance product, identity theft insurance. If you become a victim of identity theft, an identity theft policy covers lost...
Insurance You Can Do Without - Mortgage Life Insurance
There are many insurance policies that you should have, like term life, critical illness as well as comprehensive and collision for your car. There are however some insurance products that you might want to skip. The first policy in this series is mo...
