Insurance advice: Get a financial head start when starting out Edmonton AB

Many younger Canadians don't understand their insurance needs. A recent RBC Insurance/Ipsos Reid survey found that over one third (38 per cent) of Ca ...

Scotiabank
(780) 448-7890
10709 Jasper Avenue
Edmonton, AB
 
RBC - Edm-Manulife Place Branch
(780) 448-6680
10180 101 St Nw
Edmonton, AB
Languages
English, French
Office Hours
Monday: 09:00 - 16:00
Tuesday: 09:00 - 16:00
Wednesday: 09:00 - 16:00
Thursday: 09:00 - 17:00
Friday: 09:00 - 17:00
Saturday: Closed
Sunday: Closed

RBC - Main Br - Edmonton
(780) 448-6611
10107 Jasper Ave Nw
Edmonton, AB
Languages
Russian, English, French
Office Hours
Monday: 09:00 - 16:00
Tuesday: 09:00 - 16:00
Wednesday: 09:00 - 16:00
Thursday: 09:00 - 17:00
Friday: 09:00 - 17:00
Saturday: Closed
Sunday: Closed

Scotiabank
(780) 448-7735
8108 118Th Avenue Nw
Edmonton, AB
 
RBC - Oliver Square West Branch
(780) 448-6340
11604 104Th Ave Nw
Edmonton, AB
Languages
English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 20:00
Friday: 09:30 - 17:00
Saturday: Closed
Sunday: Closed

RBC - Kingsway Mews Branch
(780) 448-6450
10567 Kingsway Ave
Edmonton, AB
Languages
English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 16:00
Thursday: 09:30 - 20:00
Friday: 09:30 - 17:00
Saturday: Closed
Sunday: Closed

Scotiabank
(780) 448-7600
10050 Jasper Ave
Edmonton, AB
 
RBC - Southgate Shopping Centre Branch
(780) 448-6470
5015 111Th St-Unit 472
Edmonton, AB
Languages
English, French
Office Hours
Monday: 09:30 - 16:00
Tuesday: 09:30 - 16:00
Wednesday: 09:30 - 20:00
Thursday: 09:30 - 20:00
Friday: 09:30 - 17:00
Saturday: Closed
Sunday: Closed

Scotiabank
(780) 448-7800
10537 82Nd Avenue
Edmonton, AB
 
BMO Bank of Montreal
(780) 441-6518
9821 - 50Th Street
Edmonton, AB
Type
Branch with ABM

Insurance advice: Get a financial head start when starting out

Provided By:

Lack of insurance knowledge can be costly for younger Canadians

(NC)-Many younger Canadians don't understand their insurance needs. A recent RBC Insurance/Ipsos Reid survey found that over one third (38 per cent) of Canadians between the ages of 18-34 don't know if they even have the right amount or type of insurance.

Here are a few insurance tips to think about as you start out on your own.

• Renting a home - Tenant insurance is useful if you are renting a home, going away to school or want to protect expensive items like electronics or jewellery. It may cover you in the event of a fire or break-in or if someone is injured on your property.

• Buying a new or used car - The type of car you drive, age and where you live can all affect the cost of your auto insurance premium. Shop around for insurance before buying your new car to avoid any costly surprises. Also look at bundling your auto policy with home insurance for even more savings.

• Dealing with a serious illness - A critical illness insurance policy can be less expensive when you're young and - if you're diagnosed with a critical illness - it can provide a lump sum payment so that you can focus on your recovery.

• Heading out on vacation - A vacation is a great time to get away from it all, but don't forget to buy travel insurance for any unforeseen mishaps. Out-of-country medical costs, cancelled or delayed flights and baggage loss or delays can cost you thousands of dollars.

For more information, contact RBC Insurance at 1-888-526-2056 or visit your nearest RBC Insurance branch or online at http://www.rbcinsurance.com/ insuranceneeds/

Credit: www.newscanada.com

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