All About Group Employee Benefits Insurance in Canada

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All About Group Employee Benefits Insurance in
Canada
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• Employee benefits insurance is an assistance
  policy for the employees like health insurance,
  life insurance, retirement plans and other
  additional benefits. Benefits are crucial in a
  job offer. While two jobs can offer the same
  salary, they can vary significantly in terms of
  services.
• On the other hand, every business wants top-grade
  employees in their company for its growth and
  success. But ever wondered providing employee
  benefits insurance in Canada can easily attract
  such employees? Yes. The biggest advantage of
  employee benefits plans is attracting top-notch
  employees. Every employee wants a safe working
  environment and is looking out for companies
  providing maximum security.

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• Some major Group employee benefits insurance that
  companies offer under group benefits are
• 1. Health Insurance It covers the employees
  medical expenses like doctors consultation fees,
  hospitalization charges, prescription drugs,
  vision care, dental expenses, etc.
• 2. Life Insurance In case of any unfortunate
  circumstances, it covers the employees
  dependents with funeral charges and their living
  expenses.
• 3. Retirement plans It deducts a specific amount
  from the employees paycheck towards retirement
  benefits.
• 4. Disability Insurance If an employee is
  injured or cannot work due to illness for a
  longer period, disability insurance pays them
  during that period.
• 5. Travel Insurance It helps when employees
  travel on behalf of the company or enjoying a
  vacation in or outside Canada.

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• However, group employee benefits insurance helps
  not only the employee but also the employer. Some
  of the advantages of buying group employee
  benefits plan in Canada are as follows
• 1. Attracts top-notch personnel When a company
  considers employee benefits and provides them
  with a safe and secure working space, it draws
  better personnel than the competitors.
• 2. Tax benefits The group employee benefits
  insurance helps in reducing the tax revenue of
  the company. There is also no increased WCP, CPP
  or EI payments.
• 3. Healthy employees When a company offers
  health insurance for the safety of the employees,
  the employees are mostly healthy and fit. It also
  reduces the absence rate of the employee, thus
  better productivity.
• 4. Increases employee retention rate When a
  company offers benefits like health care and
  other insurances, employees choose to stay for a
  longer duration. It also reduces the burden of
  hiring and training new employees.

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• Considering the above advantages, always opt to
  buy a group employee benefits plan from a trusted
  insurance company in Canada like Chesvie. Chesvie
  is one of the best group benefits insurance
  providers in Canada. They provide 4 different
  types of group employee benefit plans i.e.
• 1. Small and Medium Enterprises Group Employee
  Benefits
• 2. Large Group Employee Benefits
• 3. Medium Group Employee Benefits
• 4. Hazardous Group Employee Benefits

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• The first 3 plans are based on the size of the
  employees in your company. The Hazardous Group
  Employee Benefits Insurance is for high-risk
  groups.
• Chesvie provides comprehensive and flexible group
  benefits insurance which includes health,
  pharmacy and dental care. The disability
  insurance aids the employee in the short term as
  well as in the long term. The family assistance
  programs help employees achieve work-life
  balance. These plans can be availed for as few as
  2 employees, providing small businesses scope to
  grow and succeed.
• Chesvie helps business owners build tailor-made
  policies that they cannot get anywhere else. Buy
  an affordable group benefits plan online in
  Canada from Chesvie. Contact them here to learn
  more about the different insurance plans provided
  by them.

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