Employee Group Benefits is definitely my preferred type of
insurance. The main reason for this is that Group Insurance
reaches out and covers a lot of people that otherwise would
never benefit from insurance coverage.
Group Insurance includes:
  • Life insurance (fixed amount or based on annual
    earnings);
  • Accidental Death and Dismemberment Insurance
    (usually the same amount as the Life Insurance);
  • Extended Health Coverage (medical services not
    covered by the provincial health plan OHIP, like
    prescription drugs, chiropractors, massages,
    podiatrists, vision care and many others);
  • Dental Coverage;
  • Short Term Disability and
  • Long Term Disability.
In addition to the great importance to have this
comprehensive coverage
for yourself and your family
another great feature is that the premiums for the insurance
are paid by the company and are deducted from the
company's income as
tax deductible expense, and they
are
not a taxable benefit to the employee. It means that if
you are the owner of a business, where the only two
employees are you and your wife*, instead of drawing
money from the business, paying taxes on it and then paying
your dental bills, you could buy Group Insurance, pay the
premiums from the business as a tax deductible expense
and the insurance will cover your dental bills. I repeat, the
premium paid by the business is not a taxable benefit to
you. The tax saving goes directly into your pocket.
I can offer you Group Coverage from the largest insurance
company in Canada - Manulife Financial. If you take some
time to view this
presentation you will understand why. Click
here to ask for Group Insurance quote. You may download
the
Request for Quotation Form to familiarize yourself with
the existing options and fill it to speed up the application
process.
*
In order to get a Group benefits Plan from Sun Life Financial
and Great West Life you need to have at least three members.
Employee
Group
Benefits
Always Ask For The Best!
My recommendations are based on plans
offered by Manulife Financial, Sun Life Financial
and Great West Life