Issue link: http://clhia.uberflip.com/i/578761
1 Life and Health Insurance in NEW BRUNSWICK Canada's life and health insurance industry has a substantial impact on the well-being of the people of New Brunswick. Summary New Brunswick Canada ($millions) ($millions) Life Insurance Ownership (Life insurance coverage – End of 2014) Individual 43,567 2,471,899 Group 38,441 1,723,593 Total 82,008 4,195,492 Life Insurance Purchases (Life insurance coverage – During 2014) Individual 3,506 221,480 Group 2,090 96,480 Total 5,596 317,960 Premium Income Life insurance Individual 355 13,838 Group 167 4,275 Annuities Individual 233 14,606 Group 487 27,921 Health benefit plans Individual 105 3,858 Group (Insured) 382 20,586 Group (Uninsured*) 417 14,287 Total 2,146 99,371 Policy Payments Life insurance 222 8,580 Annuities 755 41,503 Health benefits Insured plans 308 17,375 Uninsured contracts* 395 13,542 Dividends to policyholders 84 2,523 Total 1,764 83,523 Investments of Life and Health Insurance Providers (End of 2014) 11,771 642,509 Health Insurance Coverage (Insured plans only) (Persons covered at end of 2014) (000) (000) Disability income 178 11,042 Extended health care 415 26,961 Dental care 204 15,603 *Includes uninsured contracts administered by life and health insurance providers