In today’s competitive job market, offering a strong benefits package isn’t just an option—it’s a necessity. Without comprehensive group benefits, you risk losing your best employees to competitors who offer better perks, leading to high turnover and decreased morale. Navigating the complexities of benefits management while keeping costs under control can be a daunting task, leaving you overwhelmed and uncertain.
Our group benefits insurance plans provide the comprehensive coverage your employees need and the flexibility your business requires. We offer tailored solutions that include health, dental, disability, and life insurance, ensuring your team feels valued and protected. With our expert guidance, you can create a benefits package that not only attracts top talent but also keeps your current employees happy and loyal, freeing you to focus on growing your business.
We can get to know you and your business' needs.
Together, we customize a plan for your exact needs.
Recruit and retain top talent with the best benefits.
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Yes, in Canada, employers can generally write off the premiums paid for group benefits insurance as a business expense. This includes health, dental, and life insurance premiums, which can be deducted from your business income, reducing your overall tax liability.
When an employee makes a claim on their group benefits insurance, they need to submit the required documentation, such as receipts or medical reports, to the insurance provider. Once the claim is reviewed and approved, the insurance company will reimburse the employee for the covered expenses according to the terms of the policy.
The cost of group benefits insurance in Canada varies depending on factors such as the size of your company, the types of benefits included, and the demographics of your employees. On average, employers can expect to pay between $1,500 and $3,000 per employee per year for a comprehensive benefits package.
To select the right group benefits plan for your business, consider your budget, the needs and preferences of your employees, and the specific benefits that will provide the most value. Consulting with an insurance advisor can help you tailor a plan that balances cost and coverage, ensuring you offer competitive and attractive benefits to your workforce.
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