Financial Product Reviews

Proudly calling itself the largest travel insurance provider in Canada, Manulife travel insurance is a popular option for Canadians who are looking to be covered on their next trip. You'll get the choice of one basic CoverMe plan that can be customized as you want – including adding the COVID-19 Pandemic Travel plan. Students also get a cheaper option to help with their more limited budgets.

Supplemental health insurance can be expensive, but can cover Canadians for health emergencies and costs not otherwise covered by government plans. Sun Life health insurance offers 4 types of health insurance products that can give you peace of mind at all life stages. These include personal health insurance, critical illness insurance, long term care insurance, and disability insurance.

RBC is a trusted name in Canada, making it an easy choice when it comes to tenant insurance. RBC Tenant Insurance offers a lot for renter insurance, covering personal belongings, liability coverage, as well as some nice benefits such as covering living expenses and property inside your vehicle.

Canada Life health insurance can cover you for things your provincial plan doesn't. While they offer guaranteed acceptance for some plans, their options are not as comprehensive or flexible as you may find with other health insurance providers. They offer insurance coverage for dental care, prescription drugs, vision care, paramedical and ambulance services, and more.

Blue Cross has been providing health insurance plans and coverage for Canadians for over 70 years. With flexible packages for both individuals and employer benefit plans, Blue Cross health insurance has an array of options available. Some options include prescription drug, vision, and hospital benefits, out-of-province emergency medical care, critical illness coverage, and short or long term disability coverage.

Manulife offers a variety of supplemental health insurance options for individuals and employers, including health, dental, disability, critical illness, and more. Health insurance can be expensive, but the added peace of mind it provides is usually worth it, as you'll know you're covered in the event that some catastrophe occurs.

Xoom is an international money transfer service by PayPal, offering quick and easy money transfers for some surprisingly high fees in some cases. Payment options are flexible, with the option of transferring money from your PayPal account or bank account, or using your debit or credit card to pay. Of course, the recipient will also have to pay a fee on pickup as well, which makes Xoom an expensive option on both ends.

Monitoring your credit score is increasingly important these days. With fraud and scams ever on the rise, keeping an eye on your credit score will alert you to any potential issues, such as identity theft or credit card fraud. Your credit score is also important because most lenders will approve or deny your credit applications based on it.

The best time to check your credit score is always now, and with Credit Karma, the price is right at $0. This free credit score service gives you access to your credit score and report, provides weekly updates, and even sends alerts whenever there are notable changes to your file. Credit Karma pulls data from TransUnion and Equifax, giving you a reliable snapshot of where you stand. Plus, you’ll also get access to identity monitoring for extra peace of mind.

An open variable mortgage gives you complete control over how and when you pay off your mortgage, allowing prepayments or even full repayment at any time with no penalty fees. You'll pay for this flexibility, of course, in that you'll pay a higher mortgage rate, but for many, the flexibility is worth it.