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As we get further into Fall, daylight becomes less and less so brush up on your driving after dark with these night driving safety tips. Drivers often forget to turn on headlights at the mandated one half-hour before sunset and one half-hour after sunrise, per the Highway Traffic Act (HTA).
Many vehicles have automatic headlights, however "phantom vehicles" continue to roam the streets of Ontario.
Did you know the rate of traffic deaths at night is three times greater than driving during the day? It is more difficult to see hazards ahead on the road, and often the lack of scenery can be hypnotizing, sending drivers into a state of dangerous drowsiness. Since drivers’ jobs require that they drive after dark, it is important for them to remember the challenges they may face on the road.
In fact, since drivers aren’t used to the decreased visibility, traffic deaths are much more common at night down than during the daytime—both for drivers and pedestrians.
According to CBC News, "Transport Canada receives numerous complaints about drivers who fail to turn on lights after dark".
Whether you drive for your job or commute home from work in the evening, it's important to remember the following safety night driving safety tips:
If you have vehicle trouble, pull off the road as far to the right as possible. Set up reflector triangles near your vehicle and up to 300 feet behind it. Turn on your flashers and your dome light, and call for assistance.
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Financial advising involves providing guidance and advice to individuals, families, or businesses to help them make informed decisions about their financial matters. This can include various aspects such as investment planning, retirement planning, tax planning, estate planning, and more. Financial advisors analyze their clients' financial situations, goals, and risk tolerance to create customized strategies that align with their objectives.
Financial planning is crucial for several reasons:
Goal Achievement: It helps individuals set and achieve financial goals, whether they are short-term, such as buying a home, or long-term, like funding a comfortable retirement.
Risk Management: Financial planning addresses risks by considering insurance, emergency funds, and other protective measures.
Budgeting and Saving: It promotes responsible money management through budgeting and saving, fostering financial stability.
Wealth Building: Effective financial planning can lead to wealth accumulation and the creation of a secure financial future.
Yes, financial advisors can help with debt management. They can assess your overall financial situation, create a budget, and develop strategies to pay down debt efficiently. They may also negotiate with creditors on your behalf, provide debt consolidation recommendations, and offer guidance on prioritizing and managing debt repayment.
The specific responsibilities of a financial advisor can vary, but generally, they:
The fees charged by financial advisors can vary widely based on factors such as the advisor's experience, the services provided, and the region.
Common fee structures include:
Hourly Fees: Advisors charge an hourly rate for their services.
Flat or Fixed Fees: A set fee is charged for specific services or a comprehensive financial plan.
Asset-based Fees: Fees are a percentage of the assets under management (AUM).
Commission-based Fees: Advisors earn commissions on financial products they sell.
Combination of Fees: Advisors may use a combination of the above fee structures.
It's important to discuss and clarify fee arrangements with a potential financial advisor before engaging in their services.