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We have big news at LowestRates.ca: we're introducing a brand new home insurance comparison quoter for consumers that makes it easier than ever to check insurance providers and discover the cheapest price. Our new quoter pulls all of the key important information to get a quote – we've partnered with Canada Post and insurance valuation […]

Time for any little word play. The word beneficiary has its own roots in the Latin benefactum, meaning good deed. And that is a good way to consider naming someone, or someones, or something, as a beneficiary on your term life insurance policy. To put it simply, an existence insurance beneficiary may be the individual […]

With just days to visit until the federal election, you might find yourself undecided on who to prefer. That's alright. We're here to help. Like a website focused on personal finance, you want to demystify money for Canadians. Which means informing you concerning the various promises being produced by the politicians running to become Prime […]

Simply put, life insurance serves as a cornerstone associated with a responsible long-term financial plan. Can you explain that? Because it protects those who matter most – those you love, and who depend on you to provide for them. If you have financial dependents – like children, or a partner you share a home loan […]

Recently I ran into one of my co-workers near our office building's elevator. As we waited for it to arrive, we were not impressed with just how long it had been taking to really make it towards the fourth floor, cheap it had been on the fritz for some time. At the eventual sound from […]

I remember my life insurance medical exam. It was relatively painless, but if it would have taken more than Half an hour or required me to sit inside a waiting room, I might not have gotten the policy I needed. What can I say? I know myself. The need to take a medical exam can […]

We enjoy being optimistic here at LowestRates.ca. But from time to time, we all need a reality check. That's particularly the case in Canada when it comes to our finances. There are plenty of scary numbers available. We're carrying an excessive amount of debt. Housing has got too costly. We don't have enough to retire. […]

When you think of life insurance coverage levels of $500,000, $1 million or even $3 million, a $250,000 term life policy might not appear to be a substantial amount. But let us be clear, $250,000 is still a lot of money and would have a huge, positive effect on a family if their loved one […]

The federal government continues to be on a pursuit to enhance your financial literacy since the 2008 financial crash. To be financially literate, you need to know how you can track your expenses, use credit wisely, shop around, save for future years, invest prudently and protect yourself from scams. Luckily, you will find a host […]

When the unexpected happens, just like a flooded basement or a hole in the roof, you might be inclined to repair the damage yourself instead of hire a team of professionals. Knowing what you're doing, going this route can certainly help you save some money, but they are you'll still required to notify your home […]