Group Benefits Plan is one of the important benefits packages offered by many employers. Such a benefits package to employees ensures your employees and their dependents are adequately protected and help you retain employees that are key assets for the success of your business.
Basic Life Insurance
Optional Life Insurance
You could customize your company’s prescription drug program by setting up benefit limits, drug plan maximums, dispensing-fee limits, type of drugs offered and how employees will be reimbursed for their prescription drug expenses.
Extended Healthcare Benefits
Short Term or Long-Term Disability
Disability Insurance Plan protects both your company and employees from financial burden of a short term or long-term absence from work due to injury or illness by providing benefits to replace a portion of employee's regular salary
Group Benefits are one of the important benefits that employees look forward in addition to their pay package for the protection they deserve, and make your company a place where people want to work.
Five great reasons to offer Group Benefits Plan
Attract and Retain Key Talent
A well-designed group benefits plan can help to make your business stay more competitive, recruit top talent, retain employees boost their morale.
Leads to Productivity
Your employees face many common challenges created by the competing priorities of work and life. An Employee Assistance Program or a Best Doctors Program can provide tools and support they need— and helping employees stay focused at work leading to increased productivity.
Protect Your Employees
While healthcare program (OHIP) gives Canadians access to doctors and emergency medical treatment, it doesn’t cover everything. In fact, some new drug treatments can be very costly. A group benefits plan helps to ensure your employees and their dependents are adequately protected.
Protect Your Business
Group disability, health & dental benefits ensure your investment is protected in case an employee becomes sick or gets injured.
Provide Tax-Efficient Compensation
Without a benefits plan, employees must pay for day-to-day health, dental and prescription drug expenses with after-tax income. Employee benefit plans can be designed to cover these expenses using before-tax income—leaving more money in your employees’ pockets.