Group Benefit Plans
Group Benefit Plans can cover such things as a disability from an accident or sickness, medical expenses including prescriptions, dental, orthodontics and life insurance for groups of people collectively.
As a business owner, it is important to understand the tremendous benefits in investing in a group insurance plan for your employees. Such plans can be cost-effective in complementing your compensation structure and making your company a more desirable place to work for talented employees.
Did you know?
- Even as few as 2 people can form a group for insurance purposes.
- A group plan can be for an Association or Trade Organization.
- All members of the group do not have to have the same benefits.
- Premiums are fully deductible as a business expense.
Current Group Benefits Suppliers
- Desjardins
- Benefits By Design
- Canada Life
- Encon Group
- Empire Financial Group
- Equitable Life
- Great West Life
- Manulife Financial
- Pacific Blue Cross
- RBC Insurance
- Standard Life
- Sun Life
- Wawanesa
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