Employers set up group benefits to provide employees with different types of insurance. The plans can be the same for all employees, or can be customized to provide options or for more coverage for different categories of employees.
Standard group insurance packages will include medical insurance, which provides reimbursements for medical care not covered by provincial healthcare (such as prescriptions, vision care, medical equipment, and more).
Employer group insurance also often provides dental insurance, which provides coverage for preventive and diagnostic dental care to a predetermined maximum amount or percentage.
Group insurance can also replace an employee’s income through life insurance and disability insurance.
Benefits for employers and employees
Advantages for you as an employee can include:
As the employer, group benefits serve your company as well:
No matter what side of the desk you’re sitting on, group insurance has advantages for everyone. Contact SafeBridge today to learn how we can help protect you.
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