Combined Canada Introduces New Cancer Care Insurance Product to Help Canadians Manage the Financial Impact of Cancer
New offering provides flexible, cost-effective coverage designed to address rising out-of-pocket costs and deliver peace of mind
Markham, ON (May 13, 2026) – Combined Canada, a Chubb Benefits Company and leading provider of supplemental accident, health, disability, and life insurance products in Canada, is pleased to announce the launch of Combined Cancer Care, a new insurance product designed to help Canadians navigate the financial challenges associated with a cancer diagnosis.
According to the Canadian Medical Association Journal (CMAJ) and reported by the Canadian Cancer Society, an estimated 254,100 Canadians will be diagnosed with cancer in 2026.
With nearly 2 in 5 Canadians expected to develop the disease in their lifetime, cancer remains the leading cause of death in Canada (87,900 projected in 2026). Following a diagnosis, many patients face significant out-of-pocket expenses from prescription drugs and travel for treatment to caregiving and lost income that can place considerable financial strain on individuals and families.
Key features of Combined Cancer Care include:
- Daily benefits for inpatient and outpatient cancer care (up to $400 per day, paid directly)
- Optional lump-sum diagnosis benefits ranging from $2,500 to $10,000
- Coverage options that include heart attack and stroke protection
- Access to Teladoc Health Canada’s Expert Medical Services (EMS)
- Multiple policy structures and benefit levels, including palliative care and lifetime coverage options
Benefits can be used for medical and non-medical expenses such as travel, accommodations, home care, and household bills to help the ease of financial pressure during treatment and recovery.
The launch is part of Combined Canada’s broader strategy to expand its presence in the supplemental health market and comes amid increased collaboration between medical and enterprise communities to improve outcomes for Canadians navigating cancer and other critical illnesses.
“Cancer doesn’t just impact health, it can have a profound financial effect on individuals and their loved ones,” said Vincent Iozzo, Chief Distribution Officer at Combined Insurance Canada. “Combined Cancer Care was designed to bridge financial gaps, offering Canadians a simple, affordable way to access funds when they need it most.”
About Combined Canada
Combined Canada, a Chubb Benefits Company, is a leading provider of supplemental accident, health, disability, and life insurance products in Canada. Headquartered in Markham, Ontario, the company has operated in Canada since 1956 as a branch of a Combined Insurance of America. With offices located throughout Canada and sales representatives in every province, Combined Canada is committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau and an A+ (Superior) financial strength rating by AM Best. For more information, please visit combined.ca.
About Chubb
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 45,000 people worldwide. For more information, please visit www.chubb.com.
SOURCE: Chubb
Tags: benefits, Chubb, health care, launch