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jadbell
New Member

Are critical illness insurance premiums deductible as medical expenses? My husband and I both have private critical illness insurance. We pay our own premiums.

 
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Are critical illness insurance premiums deductible as medical expenses? My husband and I both have private critical illness insurance. We pay our own premiums.

No, these premiums are not tax deductible.

Here's some great information from SunLife outlining which employee benefits are tax-deductible or not: https://www.sunlife.ca/ca/Learn+and+Plan/Money/Insuring+your+health/Employee+benefits+Taxable+or+not...