Challenging health events can happen at any time, to any of us. While some of your health-care needs may be covered by your provincial or territorial plan, it’s likely that many other health-care costs are not. Protect yourself and your loved ones from the financial strain of unexpected medical bills with health insurance. It’s an important part of your holistic financial plan, giving you peace of mind in the face of unexpected medical expenses.

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What is health insurance?

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Health insurance generally refers to insurance products which can help protect you against certain health events. Each product is a policy that gives you financial protection against the costs of medical events, like an injury or illness. The policy must be in effect before a medical need happens.

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Types of health insurance products

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There are four main types of health insurance available to people living in Canada:

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Personal health insurance

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Helps pay for health-care expenses not covered by your provincial/territorial or employer plan.

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Critical illness insurance

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Helps cover the costs of coping with and recovering from a covered critical illness.

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Long-term care insurance

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Helps cover the cost of care related to the realities of aging in the later stages of retirement.

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Disability insurance

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Helps replace part of your income if you can't work.

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