Critical Illness insurance is a “Living Benefit,” that provides you with a Tax-Free lump sum payment upon diagnosis of a critical illness. It can be purchased to cover you and your family (children between 15days-17 inclusive) for up to 30 qualifying conditions. The coverage is designed to mitigate financial struggles when an individual is unexpectedly diagnosed with a life-threatening condition such as;Read More
Meghan and Wayne were high school sweethearts and had been together for years before they were married in 2009.
In the year 2014, Meghan decided to get her second degree in early childhood education, planning to be a high school teacher. While she was receiving her full-time education, Wayne was working full-time at a car dealership as a sales representative. The couple didn’t have much savings but they had big hopes for a future.
Cancer is the leading cause of death in Canada. In fact it is responsible for 30% of all total deaths in the country. It is estimated that 2 out of 5 Canadians are expected to develop some form of cancer in their lifetimes, and 1 out of 4 of those diagnosed will die from it.Read More
Paramedical services in employee benefit plan generally covers chiropractic services, physiotherapy, massage therapy, naturopathy and acupuncture services. It is oftenly described as a nice-to-have addition to employee benefits plans instead of must-haves. But more and more employees are seeing the importance of these services. Having them as an added value to your benefits offering not only attracts prospective talents, but also helps retain your current ones. But nothing is free, so in order to include these in your benefits plan you will have to budget and manage the costs.Read More
April 2nd is Employee Benefits Day. The day was organized by the International Foundation of Employee Benefit Plans (IFEBP), as a day of appreciation for those in the benefits profession. It is meant to recognize the work these individual do, to educate both employee and employers about the wide range of benefit topics and issues. Every year the IFEBP brings focus on a particular subject, and this year they have chosen Wellness...Read More
Baby boomers may see health benefits in the workplace as a privilege, but their younger counter parts on the other hand see it as a right. A recent study shows a discrepancy in the way different generations think about these employee benefits.Read More