Issue link: http://clhia.uberflip.com/i/396043
Life and Health Insurance in QUEBEC "Facts and Figures", 2014 Edition presents authoritative, factual information about life and health insurance in Quebec. 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 Quebec Canada ($millions) ($millions) Life Insurance Ownership (Life insurance coverage – End of 2013) Individual 520,883 2,370,425 Group 336,281 1,689,450 Total 857,164 4,059,875 Life Insurance Purchases (Life insurance coverage – During 2013) Individual 45,671 222,129 Group 20,568 119,305 Total 66,239 341,434 Premium Income Life insurance Individual 3,386 13,028 Group 1,347 4,215 Annuities Individual 3,620 12,730 Group 5,341 24,617 Health benefit plans Individual 897 3,685 Group (Insured) 5,910 20,284 Group (Uninsured*) 1,100 13,675 Total 21,601 92,234 Policy Payments Life insurance 2,255 7,838 Annuities 7,202 35,314 Health benefits Insured plans 4,794 16,955 Uninsured contracts* 1,043 12,971 Dividends to policyholders 656 3,096 Total 15,950 76,174 Investments of Life and Health Insurance Providers (End of 2013) 117,709 580,249 Health Insurance Coverage (Insured plans only) (Persons covered at end of 2013) (000) (000) Disability income 2,468 10,953 Extended health care 6,933 25,999 Dental care 3,009 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