In the event that a plan member dies while enrolled, the group life insurance benefits is paid out to their family. The benefit itself is typically based on a multiple of the plan member’s earnings or a fixed amount.
Accidental death and dismemberment (AD&D) insurance – The accidental death and dismemberment (AD&D) benefit pays out to an employee should they become paralyzed or lose their hearing, eyesight, or ability to speak in an accident. What’s more, should the employee die accidentally, the benefit would be paid out to their family.
Dental care coverage – This benefit covers preventive and diagnostic dental treatments for your employees.
Disability benefit plans – The disability benefit is designed to replace a portion of a plan member’s income should they become ill or injured and can no longer work.
Additional benefits –
Provincial plans, like OHIP, provide limited levels of coverage for employees. This makes group benefits plans all the more attractive, helping you stand out and retain quality workers.
Contact one of our group benefits consultants to learn more how you can help attract and retain key talent.
