Remembrance day is a day to acknowledge and honour the courageous service men and women that have served or presently serve our great country.
Each year, on the eleventh hour of the eleventh day of the eleventh month, we observe a moment of silence to reflect on the sacrifices made in the name of peace and freedom.
From our team at Safeway Insurance, we wish you all a peaceful Remembrance Day.
It’s no secret that in Ontario we are subject to harsh winters. Once the temperature drops below 7° C, all-season and summer tires begin to harden like hockey pucks. This reduces the traction drastically making it more dangerous to operate your vehicle.
Winter tires are constructed with different rubber compounds allowing them to stay soft and flexible in colder temperatures. This translates into more grip and better stopping power during the winter months.
Insurance companies have recognized this benefit and now offer discounts for having winter tires installed on your vehicle. The discount ranges from 3% to 5% depending on your insurance company.
There are some restrictions on the availability of this discount including:
Additional restrictions may apply.
If you would like more information or to have your discount added today, please give us a call.
Winter is coming, and for many of us that means cold weather and harsh driving conditions; Shovelling snow and salting our stairs while bundling up head to toe.
But for those lucky enough, it’s time to escape down south to warmer weathers and sandy beaches.
Here are some suggestions every Homeowner should think about before locking up and heading out regardless of how long you’re gone.
It is up to both drivers and pedestrians to keep everyone safe on Ontario roads. Learn more about how to stay safe as a pedestrian and as a driver.
It is up to both drivers and pedestrians to keep everyone safe on Ontario roads. Learn more about how to stay safe as a pedestrian and as a driver.
Pay special attention to pedestrians as you drive. Here are some tips to follow:
Show your children how to cross a road safely. Teach them to:
Read More: http://www.mto.gov.on.ca/english/safety/pedestrian-safety.shtml
Now that a Canada Post strike or lockout seems imminent, we’d like to assure our customers that we will do our best to ensure our service to you will continue with minimal interruption. The following FAQ should answer the most common concerns if the strike or lockout does occur.
During the strike or lockout we will be sending policy documents via Email to all customers for whom we have an active email address. This would be a great time to give us a call to provide us with your updated email address. Once the strike or lockout has ended, your policy documents will be mailed out as usual.
Claims cheques will be dealt with on a case by case basis based and delivery arrangements can be made with your claim adjuster.
Payments can be made using one of the following options:
If you have questions about any of the above or anything else related to this, please do not hesitate to give us a call. We are here to help.
For many of us, summer could also be called cottage season. Reconnecting with nature, spending quality time with the family or just unwinding.
There are a few important steps to ensure that the time spent at the cottage is an enjoyable as possible.
Checklist
1: Walk the property – Keep an eye out for obvious damage (eg. broken windows or rain/wind damage).
2: Power up – If everything looks good inside, power up the cottage to ensure outlets and lights are in working condition.
3: Check for animals – Clean up and disinfect any mess they may have left behind.
4: Update your insurance policy – Ensure that your policy limit is sufficient as well as insuring any toys you may have (Boats, ATV, etc.)
5: Unwind – Don’t forget to pack everything you’ll need to have a great time.
As part of a mini-series, we challenge you to test your understanding of the myriad of life insurance and financial services products on the market today. You can be the master of your own financial planning … with a bit of advice and guidance from Safeway’s advisors provided at no charge to you. Our Life Insurance & Financial Services specialists await your call!
_______________________________________________________________
CHAPTER 1 – LIFE INSURANCE
Life Insurance seems to be the most widely-accepted financial services product to buy – usually bought when a life event of some kind occurs, such as getting married, buying a house with a mortgage, establishing a new business, having kids and planning for their education, and, of course, when one addresses the back end of life for Estate Planning purposes. The challenge is often to keep the premium affordable both in the short- and long-term. Rest assured that we can always match your budget, so let’s take that off the table. Test your knowledge now, and call Safeway if you’d like more details.
_______________________________________________________________
ANSWER: When you`re young. Also, parents should consider setting their kids’ life insurance up as early as possible to give them a head start. You never know which way life will take you, so it’s best to plan for the worst, and if your good fortune holds, end up with the best. Safeway surveys all independent insurance companies and provides the most competitive life insurance pricing.
Sample pricing (as of May 31, 2016) for a female aged 25, Non-Smoker, best health:
$100,000 of Term 10, where the premiums increase each 10 years and coverage eventually runs out, with no money back at expiry or on cancellation — $6.97 per month
$100,000 of Term 20, where the premiums increase each 20 years and coverage eventually runs out, with no money back at expiry or on cancellation — $8.78 per month
$100,000 of Term to age 100, where the premium remain level until age 100, with some cash values built in — $43.11 per month
You may find that some combination of long- and short-term coverage makes sense to cover off family rearing years and mortgages, as well as final expenses of death at any age.
ANSWER: Again — when you`re young. If your parents haven’t started this ball rolling, you should do so as soon as you start earning income to get the lowest premiums. Premiums rise with age and adverse health history. The general rule of thumb is to sock away 10% into savings accounts (such as RRSP, TFSA), and buy your first life insurance as soon as you’re settled into a full-time job.
ANSWER: Really the answer is no, but perhaps the more relevant question is: Will the loss of my earnings or savings matter to anyone? You may be a single parent, or a single child with a dependent relative. What matters is the loss of your financial support to those who depend on you, and then life insurance to replace those finances when you’re gone does matter. So single people should think ahead, and again, buy life insurance when you’re young and it’s inexpensive. If you`re married, likely you rely on both incomes to support your lifestyle and therefore you will want to insure the loss of both incomes.
ANSWER: No, unless the Mortgagor insists as part of your loan. Still, if you care to ensure your family has a roof over their head when one of you passes away prematurely, Life Mortgage Insurance is a Must. Just be sure to buy it through an independent broker like Safeway, not a bank, for the best product and premium selection short- and long-term. Just a few advantages of your Safeway plan over that of any bank:
+ Protects your family – you can name your family members as recipients of the proceeds instead of the bank and they may continue the mortgage payments instead of being forced to renegotiate a new more expensive mortgage.
+ Gives you control – you own the policy, choose the beneficiary, and select the type of coverage you want – usually at a much improved premium!
+ Is fully portable – your plan will continue when you move to a new home and/or new mortgage, and you don’t necessarily have to buy a more expensive policy (if you are older).
+ Provides flexibility – upon death, your family has the option of paying off the mortgage or investing the funds if the economic conditions warrant it.
+ Allows shopping for interest rates – upon renewal, you are not tied to one lending institution and can shop around for a better mortgage rate.
+ Offers you a choice of plans and benefits – you choose the type of policy and benefits you want. Term plans can be converted to a permanent plan, usually without a medical.
+ Gives you a choice of amount of coverage – you choose the amount of coverage you require and the amount of coverage you require and the coverage does not decrease as the mortgage is reduced.
+ Provides stable coverage – your customized plan has a built-in grace period from 30-90 days for missed premiums.
+ Expert advice – deal with a professional financial services representative. All your insurance and financial services matters can be processed through one broker.
Sample Mortgage Insurance for male age 30 Non-Smoker, best health for $100,000 — $10.08 per month (as of May 31, 2016)
ANSWER: Aside from more expenses and less sleep … kids mean more responsibilities. Ensure they are protected if you and/or your partner are not around during their growing years by properly life-insuring yourselves – and don’t forget to include computations for University or College tuition in the event of your premature passing.
ANSWER: Maybe Yes, Maybe No. Maybe Yes, if you’re single and have no dependents. Maybe No if you have a spouse, family, larger income, larger debts (including a mortgage, bank loan or line of credit). Group Life Insurance is often for a limited amount and is not portable to your next job. Be proactive instead of reactive for preferred pricing by talking to our Financial Services Advisors as soon as possible. Take control of your family’s financial future out of the hands of your employer and into your own hands. Remember, you might change jobs and/or lose benefits over time, but your private insurance is always in your control.
ANSWER: The short answer is: Call Safeway now. We can build a Full Benefits Plan which includes the same elements offered in traditional Group Benefits at work: Life Insurance, Disability Insurance, Critical Illness Insurance, Healthcare, Dental Care and more!
ANSWER: If you have the initiative and know-how to be self-employed, don’t overlook insuring your earning power, your overhead, your financial obligations, and your Key People should something happen to affect your bottom line. We can tailor a package to suit your financial objectives. We can certainly provide Group Benefits to your staff so you can hold onto those important assets.
ANSWER: Estate planning happens at all ages, if you care about what you leave behind to your chosen beneficiaries. Death brings Estate Taxes at the highest marginal tax rate. Don’t force your beneficiaries to sell your assets at a loss just to pay the Tax Man. Proper planning can reduce your estate’s financial burden and preserve the value of your Estate. You didn’t think about this when you were young, but it may not be too late. Call Safeway now.
STEP 1
Stop. If your vehicle is involved in an accident and you don’t stop, you may be subject to criminal prosecution.
STEP 2
If anyone is injured, if the total damage to all the vehicles involved appears to be MORE than $2,000, or if you suspect that any of the other drivers involved are guilty of a Criminal Code offence (such as driving under the influence of drugs or alcohol), call 911 and follow the instructions given to you by the emergency operator. Police will arrive as soon as possible.
Do not try to move anyone injured in the accident — you may aggravate their injuries!
If no one is injured and total damage to all the vehicles involved appears to be LESS than $2,000, call your local police for instructions. Police units may or may not be dispatched to the scene. If local police do not attend the scene of the accident, they will instruct you to report to a Collision Reporting Centre within 24 hours.
Collision Reporting Centres are police facilities created to assist motorists in reporting motor vehicle accidents. At the reporting centre you will be assisted in completing a police report, and damage to the vehicle will be photographed.
Collision Reporting Centres are currently available in a number of jurisdictions across the province. Visit: www.accsupport.com or call: (416) 745-3301 to locate the Collision Reporting Centre nearest to you.
If there isn’t a Collision Reporting Centre in the area of the accident, the police will ask you to go to the nearest police station to file a report.
STEP 3
If it is safe to do so, move your vehicle to the side of the road, out of traffic. If your vehicle cannot be driven, turn on your hazard lights or use cones, warning triangles or flares, as appropriate.
If you have access to a digital camera or a cell phone, you should use it to take pictures of the scene; preferably before the vehicles are moved. You should also use your cell phone to audio record as much information as possible.
STEP 4
Write down the names, addresses, and telephone and driver’s licence numbers of all of the other drivers, the licence plate numbers of the other vehicles, as well as the names and addresses of the registered owners of the vehicles, and the insurance information for each of the other vehicles.
STEP 5
Also obtain the names, addresses, and telephone numbers of passengers and witnesses.
STEP 6
Jot down specific details about the scene of the accident, using the accident report form below.
STEP 7
Give us a call at (905) 886-4913 or visit our claims page to report the accident as soon as possible after the accident.
Remember…
Are you a handyman, painter, cleaning service or licensed contractor (electrician, carpenter, plumber etc)? Have you thought of becoming an entrepreneur and starting your own business? If so there are a few things you should consider, starting with the proper insurance coverage to fully protect your new endeavor.
As a contractor you know how important it is to create the proper fit, leaving no gaps behind. We look at your insurance policy the same way. A policy should be customized to fit your needs. The trusted expects at Safeway Insurance can show you how, at a very affordable cost.
Coverages to Consider:
Remember, It doesn’t have to be expensive as minimum premiums can start as low as $60 per month.
To get a quote to suit your individual contracting business insurance needs contact Safeway Insurance for a customized package.
Safeway Insurance and Financial Services is a division of Garvin-Mark Insurance Brokers Ltd.
© 2025 Safeway Insurance. All rights reserved. Website by Candybox.
