Issue link: http://clhia.uberflip.com/i/396040
Life and Health Insurance in PRINCE EDWARD ISLAND "Facts and Figures", 2014 Edition presents authoritative, factual information about life and health insurance in Prince Edward Island. 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 Prince Edward Island Canada ($millions) ($millions) Life Insurance Ownership (Life insurance coverage – End of 2013) Individual 8,858 2,370,425 Group 6,668 1,689,450 Total 15,526 4,059,875 Life Insurance Purchases (Life insurance coverage – During 2013) Individual 788 222,129 Group 323 119,305 Total 1,111 341,434 Premium Income Life insurance Individual 58 13,028 Group 28 4,215 Annuities Individual 24 12,730 Group 46 24,617 Health benefit plans Individual 17 3,685 Group (Insured) 72 20,284 Group (Uninsured*) 45 13,675 Total 290 92,234 Policy Payments Life insurance 35 7,838 Annuities 87 35,314 Health benefits Insured plans 57 16,955 Uninsured contracts* 42 12,971 Dividends to policyholders 15 3,096 Total 236 76,174 Investments of Life and Health Insurance Providers (End of 2013) 4,028 580,249 Health Insurance Coverage (Insured plans only) (Persons covered at end of 2013) (000) (000) Disability income 50 10,953 Extended health care 58 25,999 Dental care 31 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