The Canadian insurance market offers an extensive array of public and private products designed to cover personal and business risks. Personal lines include mandatory auto insurance, homeowners property insurance, tenant insurance, and condo insurance. Personal health needs are supported by provincial public Medicare alongside private supplemental health, dental, and disability insurance. For long-term financial security and asset preservation, Canadians utilize term and permanent life insurance, critical illness coverage, travel medical insurance, and specialized commercial liability policies for businesses.
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