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Demystifying the Key Differences Between Life Insurance and Health Insurance in Canada

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Demystifying distinctions between life insurance and health insurance is crucial yet confusing. This article dissects term life, permanent life, provincial health plans, and private health plans independently. Understand how life insurance delivers a death benefit while health insurance pays medical expenses. Analyze statistics on insurance in Canada, top national carriers, considerations for each type, and what to prioritize first. Make intelligent protection decisions.

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Uploaded on January 1, 2024