CLHIA-ACCAP

Canadian Life and Health Insurance Facts - 2020

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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

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