2024 CLHIA Critical Illness Benchmark Definitions

The essential guide:
Munich Re's cheat sheet for the 2024 CLHIA Critical Illness Benchmark Definitions

1.5 minutes read

Published 01/08/2025

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_{January 2025}

The Canadian insurance industry has taken a significant step forward with the release of the new 2024 Critical Illness (CI) Benchmark Definitions, published by the Canadian Life and Health Insurance Association (CLHIA). These updated definitions provide a standardized framework for CI insurance policies, ensuring consistency and clarity for insurers, advisors, and policyholders.

Access the 2024 Critical Illness Benchmark Definitions here:

English: CLHIA - Critical Illness (CI) Benchmark Definitions

French: ACCAP - Définitions de référence de maladies graves

To help you navigate the changes, Munich Re, Canada (Life) has developed a helpful 'cheat sheet' highlighting the evolution of the definitions relative to the 2008, 2013, and 2018 versions. This concise resource is designed to facilitate a deeper understanding of the changes and their implications for CI insurance policies.

If you have any questions or comments about the new benchmark definitions or the cheat sheet, please reach out to our team of CI specialists. They are always available to provide guidance and support.

The information provided in this article is for general information purposes only and should not be relied upon as professional advice. Munich Re, and its employees, directors, officers, and representatives do not warrant, represent or guarantee the accuracy, completeness, or currency of any of the information provided herein and accept no liability whatsoever arising in any way from the use of or reliance on such information, including liability for direct, indirect, special, incidental or consequential damages.