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Can you purchase private insurance in Canada?

Asked by Anonymous Oct 12, 2026 0 views 1 answers
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Answered Oct 13, 2026
Yes, private insurance is widely available and forms the foundation of Canada's property, casualty, life, pet, and commercial insurance markets. While certain provinces operate government-run public auto insurance systems for basic coverage (such as ICBC in British Columbia or SGI in Saskatchewan), and healthcare is publicly funded through provincial Medicare, all home, tenant, commercial, life, and travel policies are purchased through private commercial insurance companies, syndicates, and licensed independent brokers.
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