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Get
Group Benefits plan quotes
for your business from Canada's leading insurance companies. It's
never been easier to start - just click the button,
create your plan
and
submit your request.
Group benefit rates are calculated specifically for your business taking
into consideration the benefits selected, nature of your business,
the makeup of the group, claim history (if any). You will get your quotes
from different insurance companies for the plan selected by you,
compare rates and choose the best solution.
Plans are designed for
Small
and Family Businesses
employed 2 people and more. A group may include business
owners, full- and part-time employees, self-employed or contractor
workers, and plan type depends on what group it is designed for.
Below
is a list of some benefits group insurance plan may include.
You can
select from these benefits, create your own plan and provide the employees with a full package or just a
single benefit on your discretion (some conditions apply).
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GROUP BENEFITS |
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LIFE INSURANCE |
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You
can select
from
two coverage options:
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Flat
Amount: Increments of $5,000 from $10,000 to $1,000,000
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Salary
Based: 1, 2 or 3 times earnings, with a maximum amount
up to $1,000,000. The salary-based schedule has the added
advantage of keeping the benefit amount in step with
inflation and with the employee's changing financial
circumstances.
The
Dependent Life benefit provides life insurance coverage for
an employee's dependents. Coverage for spouse is up to
$25,000 and for dependent child is up to $12,500.
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DISABILITY INCOME
INSURANCE |
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The Short
Term Disability benefit provides an employee with partial
replacement of lost income for short periods of total
disability. Benefits commence following the completion of
the elimination period and are payable up to the maximum
benefit period.
Elimination (waiting) period may be :
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0 days for
accident, 3 days for sickness
- 0 days
for accident, 7 days for sickness
- 14 days
for accident, 14 days for sickness
Benefit
period: 15 weeks, 17 weeks and 26 weeks.
Benefit
Amount: 55%, 60%, 66.7%, 70% or 75% of weekly earnings.
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The Long
Term Disability benefit provides an employee with partial
replacement of lost income if the employee becomes totally
disabled while insured for this benefit.
Elimination (waiting) period: 15 weeks, 17 weeks and 26
weeks
Benefit
period: 2 years, 5 years, to age 65.
Benefit
Amount: 60%, 66.7%, 70% or 75% of monthly earnings.
Maximum
benefit: up to $10,000 (monthly)
Partial
disability: 50%
of the total disability benefit under the contract for up to 24 months of
partial disability
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EXTENDED HEALTH
CARE BENEFIT |
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The
Extended Health Care benefit provides employees and their
eligible dependents with coverage for various medical
expenses that are not covered by the Provincial Plans.
This benefit may include:
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Coverage
for registered specialists (chiropractor, osteopath,
physiotherapist etc.),
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Hospitalization in private or semi-private accommodations,
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Hearing aids,
Orthopedic shoes, Nursing services, Vision care, etc.
See an example of
Health&Drug Plans
for your business.
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DRUG BENEFIT |
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This benefit will reimburse a group member and his/her
family for the purchase cost of prescription drugs. Maximum
annual reimbursement may be from $300 to unlimited.
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DENTAL CARE
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This coverage
provides for reimbursement
of costs of the eligible services for a group member and
his/her family. The Plan may include preventive care basic
care, restorative services.
Services may include fillings, cleanings, scalings,
examinations, polishing, extractions, root canal therapy and
others. See example of
group dental options for your business.
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CRITICAL ILLNESS
ASSISTANCE |
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Critical Illnesses covered
by this benefit: Stroke, Cancer, Heart Attack, Kidney
failure, Coronary artery bypass and other critical medical
conditions (up to 16
conditions).
Return of premiums option is available.
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TRAVEL INSURANCE |
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This coverage
may be offered for a group member and his/her family.
Multi-trip plan
covers trips of
30
days or less and allows you to leave any
time during the year for periods of
30
days or less.
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HOSPITAL CASH |
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This coverage provides for
payment of a daily allowance from $25 to $100, if
group member and his/her family is hospitalized for short
term care due to accident or illness.
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FRACTURE BENEFIT |
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Benefit pays a
scheduled amount depending on which bone is fractured.
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Insurance
providers: Manulife Financial, Desjardins Financial Security,
Empire Life, Standard Life, Equitable Life, Green Shield, Ontario
Blue Cross and other insurance companies.
Pre-selected
Benefit Packages
You have also an option to pick up one of
the pre-selected benefit packages for small business.
1) Manulife Financial’s
Quickstart plan
Quickstart™
is
a package of key benefits that
employees find the most useful and desirable – at a price that is
realistic for a growing business. Quickstart begins with
the basics and gives you the flexibility to add new benefits and
features as your budget allows.
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Quickstart Plan Features and Request for Quotation.
Please e-mail your completed request to
natalia@tninsurance.ca .
2) Special
Offer from
Group
Medical Services
It is a simple and
affordable solution from Group Medical Services: Health and Dental
plans are specifically tailored for small businesses with 3 or more
employees. With this comprehensive and affordable health and dental
benefits plans, simply choose the options that best suit your needs
and calculate your monthly premium - no need to wait for a quote.
Ask about the addition of life and disability insurance. It's
easy to apply for these plans: just complete the application
form and forward it to us.
GMS Group
Advantage Benefit Plans (Ontario):
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Health
Benefits Summary
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Dental
Benefits Summary
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Monthly
Rates
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Premium Calculation
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Application form
In all provinces
in Canada except Quebec,
employees receive health and dental benefits tax-free and your
contributions as a business owner are considered a tax deduction.
If you are a business owner
(employer), by implementing a group insurance plan
for your employees
you can:
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get a tax-deductible business expense;
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provide financial protection
for your employees and their families;
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provide a tax-effective
form of compensation to your employees,
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address the special needs
of some employees with coverage available without any medical
questionnaires to complete.
Contact
us for details, free consultation,
to design your plan and get rates and quotes.
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If you
have any questions or concerns feel free |
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