How happy are Canadian insurance coverage purchasers with their life and well being premiums?

Medical health insurance first, with the survey of 762 folks having been performed in July 2023 and specializing in the premiums paid and whether or not respondents are happy with what they pay.

Greater than half of ballot individuals who’ve protection stated their personal medical insurance funds for his or her household is lower than $50 a month, with round 20% paying $50-100 and 18% paying greater than $150.

Greater than two thirds stated that they’re happy with their medical insurance premiums and solely 30% stated they’re searching for a supplier who can provide a extra inexpensive possibility.

Life insurance coverage

HelloSafe additionally performed a survey on life insurance coverage with 949 respondents in April 2023.

The common month-to-month funds for this insurance coverage product is round $79 however 39% of respondents pay lower than $50 a month, 27% pay $50-100, 29% pay $100-200, and 5% pay greater than $300.


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