Durable medical equipment (DME) is medical equipment that is intended to last for more than one use, and oftentimes is intended to last for months or even years. Examples of durable medical equipment include crutches and oxygen tanks. Many health insurance policies provide coverage for durable...
Risk retention is an individual or organization’s decision to take responsibility for a particular risk it faces, as opposed to transferring the risk over to an insurance company by purchasing insurance. That means the individual or organization has chosen to pay for any losses out of pocket...
In legal terms, an “agent” is someone authorized to act on behalf of another. An agency relationship can be between individuals, individuals and corporations, or between corporations. An agent will have the power to act on behalf of another entity and will be able to make decisions that...
Understanding the basic terms of an insurance contract will help you make an informed choice when buying a policy.
By: Mark Cussen | CFP, CMFC
Uninsurable risk refers to those things insurance companies won't cover. Knowing what is uninsurable will help you plan for the future.
Make sure you prevent theft and break-ins in your apartment. Just because you don't own your space doesn't mean you can't take steps to secure it!
The date of inception and the effective date of the policy are terms that generally refer to the same thing. They refer to the date at which coverage under the terms described on the insurance policy begins. It signals the start of the contract and, from then until the expiry date, both parties are...
The difference between a Commercial General Liability (CGL) policy and a Business Owners Policy (BOP) is that, while the former only covers liability losses, the latter covers both liability and property losses.A CGL policy provides coverage for bodily injury, property damage, personal and...
Different insurance companies will have their own ways of calculating risk exposures and it will vary for different types of insurance. Most of this actuarial information is complex, proprietary, and not generally available to the public. The actuaries at large insurers use complicated risk models...
Let’s face it: for many of us, insurance is getting expensive. Insurance rates have a bad habit of creeping upward every year, even when you don’t file...
By: Steven Porrello
When you are finally able to buy that dream home where you want to spend the rest of your life, you may have a spotless credit report and enough money to make a down...
By: Claire Boyte-White | Vice President
So, you’ve picked out your dream house, you were approved for your mortgage, and finally, you’ve made it to the last steps of buying a home. You’re so...
By: Kaitlyn Kokoska
In the insurance context, we look at risk to mean the chance of “financial loss”. This isn’t restricted solely to the loss of money—it could mean...
By: Jacques Wong
Congratulations on your pregnancy! We hope this time is one of the best times of your life, but understand it can also be kind of scary and full of anxiety-ridden...
By: Maurice Draine
Ah, love! Can you feel it in the air? Doesn’t it just make you feel like…it’s time to look at your insurance policy? Okay, maybe not.In the process of...
By: Kaitlyn Kokoska
Good business practices and safety guidelines are paramount for any organization. However, any company owner knows the business environment can be extremely...
By: Tiffanie Demasters | Commercial Insurance & Risk Mangement Advisor
Between pondering "How much life insurance do I need?" and researching all the types of life insurance (whole life, term life, universal...oh my!) finding the...
By: Jacques Wong
You’ve had your eye on a car for a while. Maybe it’s out of necessity or maybe it’s a daydream ride you’ve been obsessed with since you saw the...
By: Kaitlyn Kokoska
Insurance companies can be tough to deal with. Between putting you on hold when you have a claim to spamming your email (or phone) with promotions, you can easily get...
By: Steven Porrello
Buying insurance usually forms the backbone of anyone's financial plan, offering some reassurance of financial stability should the "worst" happen.Life...
By: Mark Cussen | CFP, CMFC
According to a report put out by the Insurance Information Institute, in the first half of 2020, catastrophe-related property and casualty insurance claims totalled $24...
By: Janice Tober
The rate of burglaries is dropping, but that doesn’t mean they don’t happen—and that doesn’t mean it won’t happen to you! According to the...
By: Kaitlyn Kokoska
You get your insurance package in the mail. The envelope is thick, full of policy wordings and fine print. But, as you rip open the top of the envelope, your eyes are...
By: Kaitlyn Kokoska
Almost every business needs some type of property insurance. Whether you own your building, lease a space, or work from home, there is a good chance you are using...
By: Tiffanie Demasters | Commercial Insurance & Risk Mangement Advisor
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By: Kaitlyn Kokoska
By: Judith Pila
By: Judith Pila
By: Jacques Wong
Judith is an Account Manager with an insurance brokerage in Edmonton. She is also involved with the Insurance Institute of Canada as a Career Connections Ambassador.She holds a diploma in Insurance and a Bachelors Degree in Business Administration from Ahmadu Bello University, Zaria - Nigeria.Edmonton Insurance Association Member 2019 - PresentIBAA Member 2015 - Present
Tiffanie Demasters, PRIS, CIC, CRM is a Commercial Insurance Producer and Risk Management Advisor with 18 years of insurance industry experience. She started as a personal lines claims adjuster, then moved to the agency side first in Personal Lines and then has spent the last 10 years as a Commercial Lines agent. She has a knack for making the complex world of insurance a little simpler. Tiffanie specializes in coverage analysis and a whole risk management approach to help clients find comprehensive solutions for their business insurance needs.
Aaron is a qualified associate financial planner (QAFP) with ten years of experience working with individuals and business owners, nine with Freedom 55 Financial and one with The ReFrame Group.