Employee Benefits
Group Benefit Plans also known as Employee Benefits have become flexible and creative. They are more than just drug and dental benefits coverage. They now offer broad coverage featuring healthcare, dental care, disability benefits, group life insurance, accidental death and dismemberment and more. Your Group Benefit Plan is a key attraction for recruiting and retaining top valuable employees as it is viewed as an “addition to salary” to them and their family members.
As the employer sponsoring the plan it is important to find the best insurance company or companies who will underwrite and service your program. We look for flexibility in underwriting, financial stability and a proven record of claims handling and service. Your business is unique, so too are your needs for the benefit plan. We are here to find you the right fit for both plan and plan provider.
We will meet with you and your human resources department to determine all your needs, offer solution and ideas in a plan design and submit to the insurance companies and coordinate on your behalf. An annual "Plan Review" is vital to ensuring that your current Group Benefits Plan continues to meet its requirements and objectives for you. We prepare an annual report chronicling your group’s claims experience during the previous policy term, and detail the rate structure the insurance company proposes for the coming policy year. We finalize that with our summary recommendations and solutions and help you in deciding if any plan additions or amendments should be taken and we implement those for you.
We have experience and expertise with:
- Administrative Services Only (ASO) plans which some employers select to settle claims and provide management reporting. The most common ASO plans cover health and dental benefits.
- Designing flexible benefit plans (or flex) plans which offer more than one standard package of benefit options giving plan members a choice and options that are best for them and their family.
- Health spending accounts which can be added to a flex plan providing members credits that can be applied to health care expenses which may not be covered by their Group Benefit Plan.
- Integration of insured benefits with statutory benefits (example: CPP/QPP, WSIB, EI etc.)
These are all solutions that can offer you more unique tailored benefits for your business and employees.
In addition, we can provide assistance in administering a Group Benefit Program. Such computerized administration is usually arranged on a separate fee basis depending on the degree of service.
At Hubbard Insurance Group, we have the skills and knowledge to advise you on your Employee Benefit Program, keeping you informed of changes in government policies and regulations as well as changes in the insurance marketplace. We take this all into consideration to optimize the use of your benefit program dollars.
View a list of all our Benefit Providers.
Contact one of our Benefits Specialists today and let’s get working with you! Email us at better@hubbardinsurance.com or call 905.696.9090 where you’ll be “Well Advised. Well ProtectedTM.”
Alternatively fill out the Get a Quote form and we will contact you as soon as possible.
Fill out our Get A Quote form and we will begin working on it right away!
Other Insurance Coverage to Consider
GENERAL BUSINESS INSURANCE
Protect your business property and assets as well as your reputation from lawsuits, accidents and more.
DIRECTORS & OFFICERS INSURANCE
Coverage for Directors & Officers protecting themselves and their organizations reputations from allegations of negligent acts.
EMPLOYEE ASSISTANCE PROGRAMS (EAPs)
A happy and healthy workforce is more efficient and effective – Employee Assistance Programs help!
Group Benefits/Life Insurance
Call Toll Free 1-800-900-2009