Life and health insurers helped
Canadians through COVID-19
Paid out
$154 million in
individual and group
life insurance claims
from deaths related
to COVID-19
Paid out
$950 million in
travel insurance
claims – largely for
trip cancellations
Sustained
strong workplace
benefits for
Canadians – over
26 million had health
benefits at the end
of 2020 – the same
as before the
pandemic
Paid out
$420 million in
psychology claims
to support mental
health – up 24%
from 2019
Paid out
an additional
$150 million in
disability claims above
what was projected for
2020 to support workers
while they
recovered
2 Canadian Life & Health Insurance Facts // 2021 Edition
