Basic Products
Group Life Insurance![](images/page1-img1.jpg)
The rates are revised annually (yearly renewable term) and are based on the demographics of the group.
The Accidental Death & Dismemberment (AD&D) benefit that can be sold in conjunction with life insurance coverage. AD&D provides protection in the event that a plan member incurs a loss, or loss of use of: life, limb, sight, hearing, and/or speech due to an accidental injury.
The amount of coverage is usually equal to the amount of life insurance selected by the plan member.
Available only to the spouse and dependent children of an employee. Dependent life insurance provides a benefit in the event of the death of a plan member's spouse or dependent children.
(Also referred to as WEEKLY INDEMNITY or WI)
The Short-Term Disability or Weekly Indemnity benefit is designed to compensate an employee for income lost as a result of short-term absences from work from an accident or sickness.
(Also referred to as MONTHLY INDEMNITY)
Long Term Disability coverage provides income when an employee is disabled and unable to perform the duties of his or her own occupation.
![](images/page3-img4.jpg)
Extended Health Care Benefits can be divided into several categories which include:
- Drug Coverage
- Medical Supplies and Equipment
- Hospital Coverage
- Out of Province/ Country Coverage
- Other Health Care Benefits
Dental Care Benefits provide comprehensive dental services and supplies for plan members and their eligible dependents. The type and scope of dental services covered under a dental plan varies; dental care services are generally grouped into the following categories:
- Preventative
- Basic
- Endodontics
- Periodontics
- Major Restorative
- Orthodontics
Optional Products
Optional Group Life InsuranceThe optional life benefit allows employees to supplement the life insurance coverage provided by their benefit plan. Option life coverage can be available to employees only or to both the employee and his or her spouse. Some insurers also offer optional life coverage to
![](images/page1-img3.jpg)
Optional AD&D coverage provides an accidental death benefit typically equal to the employee's optional life amount.
A health care plan which covers routine eye examinations, and which may cover all or part of the cost of eye glasses and lenses.
![](images/page3-img3.jpg)
![](images/page3-img2.jpg)
Spending accounts can sometimes be the answer to situations where an employer wants to give employees increased involvement and more choice in their benefits while also limiting its financial responsibility. A Health Spending Account is an easy, tax-effective way to offer health and dental benefits choice and self-service to plan members.
An arrangement where an organization will perform specific administrative functions relating to health care programs such as claims processing for self-insured groups or third party providers/payers for a fee.
An ASO plan enables large employers to assume the costs of their health insurance, dental care and short-term disability insurance benefits.
- Group RRSPs
- Deferred Profit Sharing Plans
- Defined Contribution Pension Plans
- Retirement Compensation Arrangement (RCAs)
- Individual Pension Plans (IPPs)
A plan that provides a vehicle to allow an employee save for retirement and defer taxable income.