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Latest News
Going on vacation? Here’s how to keep your home safe + MORE Jul 3rd
As summer kicks into high gear, many Canadians are planning to head out of town for a vacation, whether it’s a weekend at the cottage or a month-long tour of Europe. But getting that rest and relaxation can bring a new source of stress.
According to a Leger survey conducted for Allstate Insuran.... More »
What to know about credit card travel insurance as an Air Canada strike looms Aug 16th
After carefully planning a summer vacation, the last thing on your mind should be finding alternate transportation. But some travellers could be left scrambling as the clock ticks down to a possible work stoppage at Air Canada. The airline says it will gradually suspend its flights starting Thursday.... More »
The Canadian Dental Care Plan is now available to millions more, with coverage starting in June. Here's who's eligible + MORE Jun 1st
The dental plan, currently in its second year, will be available to many Canadians 18 and over, including their children, with eligibility based on household income, insurance and other factors..... More »
If you’re going on vacation, don’t forget travel health insurance Jul 7th
You’ve packed your clothes, toothbrush, extra pairs of socks, sunscreen—and anything else you might need during your vacation. Experts recommend adding travel insurance to the list, whether you’re going near or far.
“We all think, ‘Oh, we’re just going to go away, maybe even for a.... More »
42% of Canadians don’t have life insurance—are you one of them? Sep 13th
September is life insurance awareness month, and a new report from digital insurance provider PolicyMe in partnership with Angus Reid is spotlighting a concerning gap in coverage among Canadians. The culprits? Affordability concerns, medical requirements, and mistrust of the insurance industry, acco.... More »
Cost Management Strategies for Canadian Group Benefit Plans
– life-insurance-quotes.ca
The cost of providing comprehensive benefits continues to rise. Managing group benefits effectively is critical for employers in Canada. The need to find balance between offering appealing group insurance to employees and maintaining financial sustainability is not easy.
Here are some innovative cost management strategies that can help businesses navigate this challenge successfully. We are here to help navigate the current benefit landscape to customize solutions for each specific employee group.
Engage a Qualified Broker: Using the services of a group benefits broker will save you time and money. A good broker will have the tools and expertise to market your plan effectively, make recommendations on trends for optimum coverage at the best prices and have an objective perspective on what will work best based on needs. Most brokers do not charge fees for service, they are paid standard commissions by the insurance companies they represent.
Embrace a Flexible Benefits Model; A one-size-fits-all approach often leads to inefficiencies and wasted resources…
