CLHIA-ACCAP

Canadian Life and Health Insurance Facts, 2023 Edition

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In 2022, Canada's life and health insurers... Canadian Life & Health Insurance Facts // 2023 Edition 3 provided coverage for over 29 million – or 74% of Canadians paid out $114 billion in total claims – up 10% from 2019 paid a record $32.5 billion in claims for health, drugs and dental care – up 7% from 2021 paid $650 million for mental health support – up 10% from 2021, and nearly double since 2019 employed over 170,000 Canadians – up more than 3,000 provided insurance products to over 100 million people worldwide

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