Skip to content
Canada-wide
✓ Editorial independence • How we review

Insurance Knowledge & Risk Center

Clear, unbiased guidance for Canadian individuals, homeowners, drivers and business owners. Decode policy exclusions, benchmark premiums and plan coverage with confidence.

Guides21Plain-language explainers
TaxTax-freeLife payouts to beneficiaries
Calculators4 free toolsNo email required
Provincial scope13 regionsProvinces & territories
calculate Self-serve tools

Risk & needs calculators

Test scenarios and get instant figures without sharing your email or phone number.

health_and_safetyQuick model

Life needs multiplier

A fast rule of thumb (10× income). The full calculator adds your mortgage, debts and education costs.

$95,000 / yr
Starting-point coverage
$950,000
Launch full calculator arrow_forward
apartment90 seconds

Tenant & condo estimator

Add up the replacement cost of your belongings and avoid condo deductible-assessment gaps — crucial where water deductibles are high.

Run the estimator arrow_forward
storefrontSole-prop & corp

Business coverage checker

See the CGL, E&O, property and cyber coverage typical for your type of business — and what it might cost.

Check my coverage arrow_forward

All guides

quiz Straight answers

Frequently decoded questions

Canadian insurance runs on provincial rules. Here’s how your rights and pricing really work.

Who writes Instasure’s guides?

expand_more
Our editorial team researches each guide using regulator, government and insurer sources, and licensed advisors review guides in their area of expertise. Every guide shows its author, reviewer and last-updated date. See our editorial guidelines.

Are life insurance payouts taxable in Canada?

expand_more
Death benefits paid to a named beneficiary are generally received tax-free. Corporate-owned policies and payouts to an estate can be treated differently — confirm with a tax professional.

What happens to my insurance if I move to another province?

expand_more
Individual life, critical illness and disability policies stay in force across Canada. Home and auto policies must be rewritten for your new province, usually within a short window — tell your insurer before you move.

Does home insurance cover flooding?

expand_more
Not automatically. Overland flood and sewer backup are usually optional endorsements, and availability depends on your address. Read our water damage guide.
Michael Le Chi check_circle
Licensed Michael Le Chi, CFP Certified Financial Planner · Contributing author

Can’t find your situation? Ask a licensed advisor.

Every request is matched with an advisor licensed in your province who compares insurers for you, explains the fine print and handles the application. No cost to you and no obligation to buy.