Employee Benefits

An employee benefit plan can help with employee retention, recruitment, and protecting an employee’s ability to earn an income, in addition to the overall well being and health of employees and their family members.

If your business is a sole proprietorship, partnership, or a corporation of any size, we have you covered. We can start a group benefit plan with as few as one employee, or as many as several hundred employees!

We work with you to develop an employee benefit plan that works best for the business and the employees. Below are the typical coverage components included on traditional employee benefits plans:

• Life Insurance
• Accidental Death Insurance
• Extended Health Care
• Dental Insurance
• Long-term Disability Insurance
• Critical Illness Insurance

There are two types of employee benefit plans. An experience based plan, where premium renewals are based on the claims made throughout the year by the group plan itself.

The other option is a pooled benefit plan. A pooled plan spreads the risk of renewals with several other group benefit plans in Canada. By spreading the claims risk with many group benefit plans, this provides a higher level of protection from extremely high renewal premiums. This plan design is primarily open to businesses with 9 employee lives or less.

At Interior Employee Benefits Consulting, we assist with both types of plans. We would be happy to discuss which plan would work best for your business and the employees. Reach out to us today!