2 Canadian Life & Health Insurance Facts // 2020 Edition Canadian Life & Health Insurance Facts // 2020 Edition
For simplicity, we use the
letters K, M, B, and T to refer
to thousands, millions, billions
and trillions, respectively
Provide
financial
protection for over
29 million
Canadians
157,000
Provide over
jobs
Contribute to
economic growth,
making over
$
860 billion
in long-term
investments in
Canada
Pay out
in benefits
37%
Are
a source
of financial security
and stability with capital
reserves
higher than
governments
require
Focus on
customer
satisfaction, with only
claims resulting in a
complaint
1 in
100,000
Canada's life and health insurers ...
$
103
billion
