More than 50 per cent of costs incurred by just five per cent of claimants.
After a decline due to the COVID-19 pandemic, cancer is making a strong comeback in critical illness insurance claims.
Despite high satisfaction with advisory services, fewer are engaging professional financial help.
Technological changes continue to alter consumer behaviour, as well as the insurance landscape.
Aon identifies high-cost claimants and inflation as causes of the increase.
Suggests know-your-patient requirement be added to standards for virtual care.
Canadian Securities Administrators launch an assessment of currently applicable regulations.