FAQ

The cost of a group benefits plan depends on a few key factors, including the number of employees, the type of coverage you choose, and how much of the cost you, as the employer, want to cover. Generally, employers contribute anywhere from 50% to 100% of the premiums, with employees covering the rest. There are also options to help control costs, like health spending accounts or pooled plans, which can provide stable pricing. We can put together a few plan options that align with your budget while still offering meaningful benefits to your team.

Yes, absolutely! Group benefits plans can be tailored to meet your company’s needs. Most plans cover essentials like health, dental, vision, and prescription drugs, but we can also include things like paramedical services (chiropractors, massage, physiotherapy), mental health support, and even wellness programs. If you have specific priorities—whether it’s keeping costs low, covering pre-existing conditions, or offering a competitive package for hiring—we can customize the plan to reflect those goals.

Offering a benefits plan is a great way to attract and retain top talent. Employees value health coverage, and it shows them that you care about their well-being. Plus, it can lead to a healthier, more productive workforce. From a business perspective, group benefits are a tax-deductible expense, which helps offset costs. And since benefits are typically more affordable in a group setting than individual plans, your employees get better coverage at a lower cost. It’s a win-win for both your team and your company!

The amount of life insurance you need depends on your financial situation and future goals. A good rule of thumb is to have coverage that’s at least 10-15 times your annual income. This ensures that if something happens to you, your family can cover major expenses like mortgage payments, living costs, children's education, and any outstanding debts. I can help assess your specific needs and recommend the right amount to give your family financial security.

Term life insurance is more affordable and provides coverage for a set period, like 10, 20, 30 or 40 years—great for covering temporary needs like paying off a mortgage or raising children. Permanent life insurance, on the other hand, lasts a lifetime and can build cash value over time, which you can use later in life. Which one is best depends on your goals. If you're looking for budget-friendly coverage to protect your family during key years, term is likely the best fit. If you want lifelong protection with potential savings, permanent insurance might be worth considering. We can explore both options and see what makes the most sense for you.