In a competitive job market a group benefits plan is a great way to separate yourself from the competition. A benefits plan can help retain staff, improve morale and productivity, and keep your employees healthy and at work.
Flexible options
Build a plan that fits your organization.
Cost containment
Find solutions to help manage costs.
Secure online tools
Save time with online enrolment, management and billing.
What is a group benefits plan?
A group benefits plan helps employees cover the cost of things that provincial health care plans may not pay for, including certain prescription drugs, dental, hospital, vision, paramedical and ambulance services. You can also combine your group benefits plan with a retirement and savings plan to help your employees reach their financial and retirement goals.
Why offer a benefits plan?
Benefits for your employees
Employees can get coverage at a reduced cost compared to most personal plans
Help protect your employees and their family’s health
Help reduce financial stress if something happens
Benefits for your company
Help improve morale and increase productivity
Can be less expensive than providing salary increases as there are no additional increases in CPP, EI or Workers’ Compensation rates
Premiums paid on group benefits can be written off as a business expense
Maintain a competitive edge in the job market
Attract and keep key employees
Let's build a plan that works for you.
Our experts can help you figure out an approach that works for your business.
Do you offer your workforce employee benefits? Learn about why it is beneficial for businesses and employees.
https://www.canadalife.com/insurance/business-insurance/importance-of-employee-benefits.html
Learn all about your workplace plan, including common types of coverage, how to add more to your plan, and how to make benefits claims.
https://www.canadalife.com/insurance/group-benefits/how-do-employee-benefits-work.html