Financial Product Reviews
A rental property can be a valuable investment, but there are always risks involved. Allstate Landlord Insurance – also known as Allstate Rental Insurance – will help protect you against personal liability, and your rental property against damage. Allstate Landlord Insurance includes a few basic forms of insurance, including dwelling protection and coverage for detached private structures. Further optional protections are also available.
- Canadian citizen
- Age of majority
If you feel more comfortable sticking to a big bank name you know well, Scotiabank travel insurance offers some comprehensive single and multi-trip coverage. You'll get all the basics – like emergency medical and trip cancellation – with up to 50% savings if you're travelling within Canada. They also added COVID protection, so you can feel a bit more safe even in these uncertain times.
- Domestic travel perks
- COVID travel insurance plan
- Student plans available
- Easy online application
- Unavailable for Quebec residents
- No rental car coverage
- Canadian resident
- Non-Canadian visitors
- COVID protection available
- Plan options for visitors to Canada
The Co-Operators condo insurance provides essential coverage for condo owners – including personal liability and your possessions. Though the building itself is likely covered by the condo complex owner's insurance – the things inside your condo are probably not.
- Canadian citizen
- Age of majority
- Dwelling and vehicle lock replacement or re-keying
- Family member's property in health care facility
If you live in a condo, think twice before thinking you don't need any sort of home insurance. Though your building is likely covered by the condo owner's insurance, your belongings and any upgrades you made probably isn't. That's where condo insurance comes in – with Aviva condo insurance being one of the most popular options available for Canadians.
- Canadian citizen
- Age of majority
- 24/7 claim service
- Mortgage-free discount
- Identity theft coverage
The RBC Homeline Plan is a surprising product from RBC that combines a traditional mortgage with a home equity line of credit. With this loan, homeowners have access to a revolving credit line that increases as what you owe on your mortgage decreases. It's an interesting, popular hybrid product that offers significant flexibility.
- Interest-related Perks
- Apply once, borrow repeatedly
- Super convenient access to funds
- Maximum borrowing limit
- Puts your home at risk
- At least 20% equity in your home
- HomeProtector Mortgage Insurance
An unsecured line of credit can give you flexibility to deal with any current or future financial needs. Whatever your plans may be, an RBC Personal Line Of Credit is a solid choice. With a minimum of $5,000 and no stated maximum, RBC's offering can be more flexible than offers from other banks.
- Standard minimum limit of $5,000
- Upper limit of 65% of your home’s value
- Multiple ways to access your cash
- Flexible repayment options
- No fee to withdraw funds
- No access card mentioned
- Variable interest may mean higher rates later
- Only 2 free cheques a month
- Canadian citizen
- Employed
- Age of majority
- Optional LoanProtector life and disability or critical illness insurance available
Have a furry friend who you don't know how you'd live without? Vet bills can get very expensive, so it might be time to consider some pet insurance. Pets+Us is one of your main choices in Canada, giving you an assortment of coverage options – both for accidents and illness.
- Canadian citizen
- Age of majority
If you own a rental property, you know how important it is to get the right insurance to protect investment. You need more types of coverage than regular home insurance, and valuable figuring out exactly what you need can be complicated. Square One landlord insurance can be a great place to start, with a comprehensive selection of coverages available.
- Canadian citizen
- Age of majority
- Rental portal for landlords to keep track of tenants' policies
- Legal advice helpline
Yes, Scotiabank tenant insurance can provide the feeling of being taken care of by a large, powerful company. It comes with several perks, especially if you're already a Scotiabank client. And really, the convenience of getting multiple services from one provider is hard to beat.
- Convenience of a big bank
- Emergency living expenses
- No credit check required
- Limited information online
- Lack of online quote
- Canadian citizen
- Age of majority
A Scotiabank Personal Line Of Credit is a revolving loan with lower interest rates than credit cards and convenient access to funds with flexible repayment options. Its credit limits range from $5,000 to $75,000, one of the widest in Canada.
- High maximum borrow amount
- Your Visa Access Card comes with perks
- Personal line of credit for students
- No online chat support service
- Difficult to find information about interest rates
- Can be easy to overspend
- Canadian citizen
- Employed
- Age of majority
- Special discounts on car rentals
- Provides a Visa Access Card for accessing funds











