You may have health and dental insurance benefits through your employer, but is it sufficient?
Consider the following, will you still have enough coverage?
You’re planning on retiring
You are leaving your place of employment and your current benefits will no longer be covered
Keep in mind that every province covers different services. There may be some expenses which you could invariably be responsible for regardless of age.
By adding up what your health and dental insurance benefits covered on average per year (taking into account that there could be additional needs as we age) – is a good indicator of how much your health and dental costs could be.
Having the right health and dental insurance coverage in place provides you with peace of mind.