Critical Illness
Critical illness coverage bridges the gap found in most traditional employee benefit plans. Many employees do not have the financial means necessary to maintain their lifestyle and meet their financial obligations should they have to deal with a critical illness.
Many individuals may not qualify for coverage based on their age or their medical history may preclude or restrict coverage. By contrast group critical illness coverage is guaranteed and can provided at a discounted premium – in many instances the savings can be 30 per cent below that of an individual policy.
Services
Life Insurance
Basic life insurance pays a pre-specified amount (typically based on employee’s earnings or a flat amount) in the event of the death of an employee from any cause.
Accidental Death & Dismemberment (AD&D)
Provides protection if a plan member incurs either 1) a loss, or 2) loss of use of: life, limb, sight, hearing, and/or speech due to an accidental injury.
Disability (Short and Long Term)
Disability insurance bridges the gap between income and expense if you become disabled and are unable to earn an income.
Critical Illness
Critical illness coverage bridges the gap found in most traditional employee benefit plans.
Extended Health Care
Designed to supplement existing provincial hospital and medical insurance plans. The benefit allows for reimbursement of expenses and/or services not covered by existing government plans.
Employee Assistance Program (EAP)
An employee benefit program that assists employees with personal problems and/or work-related problems that may impact their job performance, health, mental and emotional well-being.
