What is a Group Insurance?

A significant number of Canadian employers offer group insurance coverage to their employees. Such insurance is important because it protects the financial security of employees and increases the productivity for each individual. 

What are the advantages of Group Insurance?

For Employees:

• Opportunity to obtain basic coverage for all without evidence of insurability.

• Significantly lower costs.

• Cost sharing with the employer.

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For Employers:

• Protect your business when an employee becomes ill or is injured.

• Maintain productivity

• Foster retention and attraction of employees

• Maximize after-tax compensation

• Make your business more competitive with group insurance