Employee Benefits

We have more than 30 years experience with the design, implementation and servicing of employee benefits plans. This includes both Group Life & Health and Group Retirement Plans.

As an independent advisor, the primary objective is to ensure that your firm receives the best value on your employee benefits expenditures and budgets. This is facilitated through comprehensive market surveys and plan audits.

We look forward to contributing to the success of your business by enhancing your relationship with your employees – YOUR MOST IMPORTANT ASSET.

First time for Employee Benefits –

The following should be considered as to why you may want to initially consider employee benefits plans for your more important:

A) Why Employee Benefits?

The Employer’s Perspective…

Retain quality employees
Attract quality employees
Maintain / Increase employee morale
Tax – effective
Management Tool
Increase competitive position
Provide for assistance for employees emergency healthcare
Enhancement to compensation package – The Hidden Pay Cheque

The Employer’s Perspective…

Security, Peace-of-mind, 24 hour coverage
Tax-effective
Meet key financial planning needs…
Cash at Death, Cash at Disability, Cash at Retirement
Benefits not available on an individual basis
Easy to obtain benefits, no or minimal medical underwriting
Additional compensation for employees

B) Already have existing employee benefits plans – time for a Review/Plan Audit –

Are your plans current with plan design options now available?
Employee Assistance Plan (EAP) benefits (Confidential Family Counseling)
Employees Termination Options – Conversion of EHC/Dental Benefits & group retirement employee account options. Assistance provided for terminated employees.
Group or Executive Critical Illness coverage
Review/Implement Executive – Owner Cost Plus Programs
Is your plan providing benefits that complement your employee demographics?
Consider Alternate Funding Cost/Pricing options – Perspective (Insurance) Pricing compared to ASO (Administration Services Only)
Are you satisfied with the service and support provided by your Insurer?
Are you satisfied with the service and support provided by your current Benefits Advisor?
Are you satisfied with the service and support provided by your current insurance carrier?
Assess Current plan competitiveness – Break-even loss ratios, Trend Factors, Experience Renewal Credibility
Executive Benefit Solutions – Class structuring of benefits
Renewal analysis to ensure fair and reasonable renewals
Enhance Employee benefit communication – regular employee meetings
Cost containment benefits approach
Quarterly Claims experience review
Group RRSP /DPSP Pension solutions – “Golden Handcuffs”
Group RPP Pension options – “Golden Handcuffs””
Employee Wellness programs including employee health assessments