Travel insurance can be tough to understand, and if you’re not reading the fine print, your coverage decisions could be influenced by unproven myths¹. Here are the top three travel insurance myths and how the coverage included in all RTIP* plans can help you.

Turning 65? As an Ontario resident, this means that you will qualify for the Ontario Drug Benefit (ODB) program, and can enjoy the flexibility of different plans offered by Retired Teachers Insurance Plan (RTIP).

Planning for retirement but don’t know where to start? You’re not alone. Here are some action items you can take as your retirement date draws closer.

The image of retired life has come a long way from that of a white-haired couple holding hands on reclining patio chairs. With Canadians generally living longer,¹ retirement is becoming a more active phase of life. Your retirement gives you the opportunity to dedicate your time to causes and interests that are meaningful to you.

RTIP offers three health, dental and travel insurance plans to choose from, with different prescription drug maximums and the freedom to increase or decrease your coverage at your next renewal.

As of July 2015, 5.8 million Canadians were 65 and older (16% of the population), according to Statistics Canada. Many are currently healthy but know this will change in the coming decades. Dissatisfied with existing seniors housing options (e.g. traditional residences and nursing homes), seniors want to create a supportive community before their situations change.

With the craze of back to school fading and the holiday season on the horizon, money can be on the forefront of many people’s minds. Creating a budget can go a long way in getting a handle on your finances.

Stay up-to-date and informed about all things retirement with a new podcast from RTIP.