Distribution of life insurance premiums in Canada 2022, by type

Published by
Jennifer Rudden,
Nov 1, 2024

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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Release date

October 2023

Region

Canada

Survey time period

2022

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