Based in Burlington. Helping business owners in Oakville, Milton, Mississauga & Hamilton.

289 339-8100info@lgfinancial.ca

Signing group benefits plan papers
Group Benefits Plans

Group Benefits Plans for Your Employees

A group benefits plan helps your employees pay for medicine, the dentist and glasses. It helps you keep good people. The cost lowers your company's tax.

What It Is

What is a group benefits plan?

It is a health plan your company buys for its employees. It pays for things the Ontario health plan (OHIP) does not pay for.

A good plan helps you hire good people and keep them.

What a plan can cover

  • MedicineDrugs your doctor orders
  • DentistCleanings and fillings
  • GlassesEye exams and glasses
  • Physio and massageHelp to feel better
  • Life and disabilityMoney if a worker dies or cannot work
  • Group RRSPHelp your team save to retire
How It Works

How we set up your employee benefits

  1. Tell us about your team

    How many people you have, and what you want the plan to pay for.

  2. We compare prices

    We get prices from more than one insurance company.

  3. You pick a plan

    One that fits your team and your budget.

  4. We sign up your team

    We do the paperwork. We check the plan each year.

Is It Right for You?

A group benefits plan can fit you if

  • You want to keep your good people
  • You want to hire and need to stand out
  • Your plan price went up this yearWe can check it for you
  • You have a small teamA few employees is enough to start

Good to know

  • What your company pays for the plan lowers its tax.
  • Your employees do not pay tax on health and dental benefits.
  • You choose how much the company pays and how much your employees pay.
Questions

Group benefits questions

It depends on how many employees you have, their ages, and what the plan pays for. We show you a few plans side by side. You pick the one that fits your budget.

Your employees do not pay tax on health and dental benefits the company pays for. They do pay tax on group life insurance the company pays for.

Yes. Group benefits for small business can start with just a few employees.

Yes. Send us the letter that shows your new price, about 60 days before your plan renews. We check why the price went up and if another insurance company can do better.

Get a free call

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Or call us now: 289 339-8100

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