Protect Your Employees
Group coverage
Comprehensive group coverage for two to 300 employees
You’ve worked hard to build your business into the success it is today and it’s important for you to exceed your current level of success.
A group benefits plan is an important part of the financial security plan of your business. Under a group benefits plan, the financial risk associated with loss of life, disability and health-related expenses is shared and priced based on the lives of a group of people. With a group benefits plan, when a member of the group dies, becomes ill or needs healthcare services, the plan provides compensation according to the terms of the contract.
Investing in group benefits for you and your employees can help you to:
Better attract and retain good people which can also help you reduce costs related to high staff turnover.
Access insurance for you and your employees at a reduced cost (compared to most individual insurance plans).
Deduct your premium as a business expense from your taxes, providing a tax-deductible alternative to a salary increase.
Provide 24-hour coverage for all benefits, including disability insurance.
Help improve morale and decrease incidences of absenteeism, thereby increasing productivity, by providing financial security and support for your plan members when they need it most.
Essential features available under a group benefits plan
Healthcare and Dentalcare Benefits: Help your plan members bridge the widening gap between provincial health insurance plans and the coverage your members and their families need.
Wellness and Disability Benefits: A collaborative approach to managing wellness and disability in the workplace. Drawing on a comprehensive menu of services, this coverage helps protect you and your employees against the financial impact of income loss due to an accident or critical illness. Critical illness benefits can provide your employees with a one-time, lump-sum benefit of $10,000 to $1,000,000 if they are diagnosed illness with a critical condition as defined in the policy, as long as they satisfy the survival period.
Life and Accidental Death and Dismemberment (AD&D) Benefits: Can provide financial support for your plan members and their families in the event of a death or other specified losses as a result of an accident, helping ease the burden of unfortunate situations.
International Benefits Plans: Provides benefits to employees who are U.S. residents, are Canadian residents working temporarily in the U.S. or overseas, or are new to Canada, and not yet eligible for provincial healthcare benefits.
Group benefits instead of a salary increase
An attractive overall compensation package can help protect an employer’s most valuable asset: your employees.
With government cutbacks and increasing drug, hospital and paramedical costs, giving your employees a pay increase isn’t always the most cost-effective compensation method.
A raise in salary can cost more than you think.
A plan to meet your needs
Your business is unique, and so are your people. Whatever the size of your group, with our help, you can offer them a group benefits plan that helps meet their needs and yours.
Competitive products
Quality service
Cost-effective management of benefit costs
Ease of plan administration
Technology-based solutions
Detailed management information
Business health and dental insurance
As Canadians, we’re fortunate to have one of the best healthcare systems in the world, but government healthcare coverage may not provide all you need.
You may be left to pay for expenses such as:
Prescription drugs
Dental visits
Eye exams
Paramedic services
Ambulance transport
Enhanced healthcare plans can help protect your employees against these and other unexpected health and dental expenses.
Group retirement plans
We offer clients the support of Canada’s largest network of group retirement specialists who deliver unparalleled service in group retirement and savings plans.
Employers and employees need a leading-edge plan provider who will act as a business partner and offer flexible and competitive products. As your financial security advisor and group broker, we offer:
Leading education material and advice including a retirement guide to suit all styles of investors
Vast investment choices with tools that will help employers meet their responsibilities
Market-leading service anytime through your preferred channel
Competitive prices in all markets
State-of-the-art technology
Customized features
