1 Canadian Life & Health Insurance Facts // 2020 Edition
Canada's life and health insurers provide
coverage that makes life more affordable.
Canadian Life and Health Insurance Facts is a snapshot
of the solutions insurers provided in 2019 for millions of
Canadians through workplace and individual plans. It shows
some of the ways insurers contribute to the larger economy as well.
The products our members provide help people stay healthy and
productive by providing families with affordable access to services
like prescription drugs, dental care, vision care, and physiotherapy.
They also enable people to plan confidently for retirement, and help
families cope financially with the loss of a loved one.
On top of this, life and health insurers provide investment in
public and private infrastructure and other long-term productivity-
enhancing assets. These investments are vital to help Canada build
for the future and increase the resilience of our economy.
We hope that this edition improves your understanding of our
industry and its contributions to the financial security of Canadians.
Stephen Frank
President and CEO
