Issue link: http://clhia.uberflip.com/i/396028
Life and Health Insurance in NOVA SCOTIA "Facts and Figures", 2014 Edition presents authoritative, factual information about life and health insurance in Nova Scotia. For the first time, industry figures in this 2014 Edition include the business of fraternal benefit societies, provincial Blue Cross organizations and other not-for- profit health care benefit providers, in addition to insurance companies (life and property and casualty). Summary Nova Scotia Canada ($millions) ($millions) Life Insurance Ownership (Life insurance coverage – End of 2013) Individual 43,929 2,370,425 Group 48,768 1,689,450 Total 92,697 4,059,875 Life Insurance Purchases (Life insurance coverage – During 2013) Individual 4,115 222,129 Group 3,070 119,305 Total 7,185 341,434 Premium Income Life insurance Individual 316 13,028 Group 205 4,215 Annuities Individual 228 12,730 Group 422 24,617 Health benefit plans Individual 97 3,685 Group (Insured) 523 20,284 Group (Uninsured*) 514 13,675 Total 2,305 92,234 Policy Payments Life insurance 270 7,838 Annuities 938 35,314 Health benefits Insured plans 403 16,955 Uninsured contracts* 489 12,971 Dividends to policyholders 97 3,096 Total 2,197 76,174 Investments of Life and Health Insurance Providers (End of 2013) 15,563 580,249 Health Insurance Coverage (Insured plans only) (Persons covered at end of 2013) (000) (000) Disability income 279 10,953 Extended health care 444 25,999 Dental care 257 15,351 *Includes uninsured employer sponsored contracts that are administered by life insurance companies and not-for-profit health care benefit providers such as provincial Blue Cross organizations