New healthcare pooling arrangements to protect group benefit customers from high costs
Basic plan covers the four most common critical illnesses, and the enhanced plan covers 31 illnesses
Innovation protects pension plans from unexpected increases in members’ life expectancy
Sun Life Financial has extended its agreement with the Canadian Federation of Independent Business (CFIB) to offer group insurance coverage to its members nationally, the company said Wednesday.The plan will be available exclusively to all CFIB members regardless of size, Sun Life Financial says.Sun Life Financial first announced the agreement in November when the plan […]
Plan members leaving their employer can maintain up to $1,000,000 of coverage
Deal grows group insurance premiums to $50 million
Manulife Financial has launched Workplace Solutions for Mental Health, a program which is designed to work with an employer’s existing disability and absence management programs to proactively manage mental health in the workplace.In today’s work force, mental health has a significant impact on both employers and employees. Mental illness affects both absenteeism and productivity; it […]
Some small and medium-sized companies are looking to self-insurance and third-party administrators as an alternative to the sometimes murky world of group insurance experience.When small businesses decide to provide self-insurance coverage to their employees, “administrative services only” firms take the place of traditional insurers. In these cases, the employer chooses to pay the entire cost […]
As employers compete to attract talent, they create opportunities for advisors
Even small businesses can become lucrative clients; partnering with an experienced group benefits advisor is a good way to start