As a small business owner, you understand how important your employees are to you. Simply put, the right employees can “make” the company. But, it can be challenging to attract and retain the right talent. Today, top employees demand a comprehensive health insurance plan. Group insurance and Employee benefits, allow management to retain best talent and provide valuable benefits to their employees.
We, at Sekhon Insurance Broker, deal with all major Insurance companies in Canada and hold solid knowledge and understanding about the Super Visa Insurance | Life Insurance | Travel Insurance | Critical Illness Insurance | RESP for kids | Group Benefits products available in the Market. Let us get the best value and plan for your money. We work for you.
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What does group medical insurance include?A typical group medical plan includes prescription medication, eye glasses, dental but you can customize your plan to your liking.
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Why is a group medical insurance important to a business?It helps the businesses to recruit and retain valuable employees because it is a valuable compensation.
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Can the businesses deduct the cost of the group benefits from it’s profits?Yes, It is tax deductible expense to the business. Employees get the benefit 100% tax-free.
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What is the minimum number of employees required to start a group medical plan?You can start a group medical plan even with 1 to 2 employees.
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Does the employees get a direct pay card under the group medical plan?Yes, the employees get a direct pay card.
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Does a group medical plan have a deductible?You have the option of having a deductible such at pay at 80% or pay at 100%. You have a choice.