In 2022, group life insurance premiums accounted for 17 percent of all life insurance premiums in Canada, while individual life insurance premiums made up remaining 83 percent.
Life insurance premiums are additional benefits that can be added to life insurance products, providing benefits and payment in case of an accidental death, disability, and critical illness.
Distribution of life insurance premiums in Canada in 2022, by type
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CLHIA. (October 2, 2023). Distribution of life insurance premiums in Canada in 2022, by type [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/698346/share-of-life-insurance-premiums-canada-by-type/
CLHIA. "Distribution of life insurance premiums in Canada in 2022, by type." Chart. October 2, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/698346/share-of-life-insurance-premiums-canada-by-type/
CLHIA. (2023). Distribution of life insurance premiums in Canada in 2022, by type. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/698346/share-of-life-insurance-premiums-canada-by-type/
CLHIA. "Distribution of Life Insurance Premiums in Canada in 2022, by Type." Statista, Statista Inc., 2 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/698346/share-of-life-insurance-premiums-canada-by-type/
CLHIA, Distribution of life insurance premiums in Canada in 2022, by type Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/698346/share-of-life-insurance-premiums-canada-by-type/ (last visited September 20, 2024)
Distribution of life insurance premiums in Canada in 2022, by type [Graph], CLHIA, October 2, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/698346/share-of-life-insurance-premiums-canada-by-type/