Insurers aim to protect both entrepreneurs, as well as young people on a tight budget.

Study reveals claims statistics for 2012 to 2020.

The extension of the federal plan benefit period will take effect on December 18, 2022.

New premiums faltered but the number of policies was unchanged in 2021, compared with 2020.

Twenty per cent of claims are denied.

Term product boosts the number of policies slightly.

The pandemic has raised Canadian credit and mortgage insurance buyers’ comfort level with online transactions.