Providing an attractive employee benefit plan is key to hiring and keeping quality people. Whether your company has only a few staff members or you are a large complex organization, providing health benefits can be a key component in your employee’s evaluation of your compensation program – and their future.
There are numerous advantages to providing a Group Benefits Plan for your employees.
● Your employees and their families are protected against financial problems resulting from unexpected health care and dental expenses.
● Your employees benefit from receiving tax-free* health coverage instead of paying their medical expenses with after tax dollars.
● The employer receives a tax deduction for all costs associated with the Group Benefits Plan.
● The employer benefits by providing employee benefits at a fixed cost and the plan is automatically administered by the insurance company.
● A group benefits program is a great way to provide extra compensation to valuable employees as an alternative to a fully taxable salary increase.
A wide variety of Employee Benefits can be provided via a Group Benefits Plan including:
● Life Insurance and Spousal/Dependant Coverage
● Accidental Death and Dismemberment
● Prescription Drug Coverage
● Paramedical Coverage (Chiropractors, Therapists, etc.)
● Group Pension Plans
● Group RRSP Plans
● Short Term Disability
● Long Term Disability
● Extended Healthcare/Visioncare
● Dental Coverage
● Out-Of-Country Emergency Medical (Travel)
● Critical Illness Insurance
Contact our office today if you have questions about a Group Benefits Plan for your company.
Insurance products are provided through multiple insurance carriers.