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    Group benefit plans

    Build loyalty with cost-effective employee benefit programs

    A group benefit plan gives your employees access to a wide range of coverage tailored to your company’s needs while insuring your employees’ well-being.

    Employers can shape the basic plan:

    • Extended health — Supplements provincial health care plans with services such as massage, vision care, hospital care and prescription drugs
    • Dental — Includes three general service categories: basic (cleaning), major restorative (crowns) and orthodontic (braces)
    • Life insurance — Provides financial assistance in the event of the employee’s death
    • Accidental death and dismemberment — Provides financial assistance if a tragedy occurs
    • Critical illness — Provides protection from additional hardship if the employee’s health is threatened
    • Disability insurance — Provides income if the employee is unable to work because of injury or illness
    • Employee assistance plan (EAP) — Provides access to accredited counseling professionals
    • Health Care Spending Account (HCSA) — Allows benefit funds to be used for services or product that the plan doesn’t fully cover

    Benefits to eligible employees:

    • Access to Canada’s top insurance providers
    • Coverage without providing proof of good health
    • Access to products that help increase their well-being and provide financial assistance during injury, illness or death

    Benefits for your business

    • Ongoing expert advice from one of our Servus Wealth Strategies group benefit advisors
    • Providing group benefits can help you recruit and retain key employees
    • Employees with benefits show greater productivity and loyalty
    • Providing group benefits is a cost-effective way to compensate employees
    • Employer contributions are deductible as a business expense

    Ready to learn more or get started?

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    Download the product sheet [pdf]

    Servus Wealth Strategies Ltd. is a subsidiary of Servus Credit Union Ltd. offering financial planning, life insurance and investments.