March madness - MoneySense

March madness

Don’t forget your travel insurance, especially since you may have unknowingly paid for it.

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  • Today marks the unofficial start to March Break travel madness across Canada as families with small children look to get a head start on their spring vacations. For those heading south, make sure travel insurance is on your checklist of items not to forget along with your sunscreen and flip flops. A recent study by TD Insurance found that 62% of Canadians did not purchase travel insurance last time they traveled outside their home province. Out-of-country hospital bills can cost up to $10,000 per day so coverage is key. Check to see if you and your family are covered for medical expenses through your employer or even credit card before buying duplicate coverage through an insurance provider. For more information read, “Travel health insurance: You’re far from home.
  • PetroBakken Energy is Canadian Business’ latest hot stock. Here’s why.
  • Boomers are giving more consideration to annuities these days, according to Retire Happy Blog. Here’s their primer story on how annuities work and whether they’re right for you.

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