Group critical illness insurance gives your employees a tax-free lump sum if they’re diagnosed with a serious illness like cancer, a heart attack, or a stroke. Adding it to your benefits package shows you care about your team’s well-being. In turn, it helps you build a loyal, productive workforce.
For an independent overview of insurance basics, see the Financial Consumer Agency of Canada’s consumer guide.
Our experienced consultants can help you:
Group critical illness coverage shows your commitment to your employees’ health and financial security. Contact Nova Star Insurance Consultants today to learn more.
A serious diagnosis brings costs that health plans don’t cover, like time off work and travel for treatment. A lump-sum benefit eases that pressure. As a result, employees feel supported, and your business keeps their loyalty.
Disability insurance replaces part of an employee’s income each month while they can’t work. In contrast, critical illness pays one lump sum on diagnosis, whether or not they can work. Many employers offer both.
Yes. Many insurers offer group critical illness plans for small businesses, sometimes with just a few employees. We’ll find options that fit your size and budget.
Often, no. Many group plans offer a basic amount of coverage without medical questions. However, employees who want higher amounts may need to answer health questions.
However many people you employ, we can help. Nova Star Insurance Consultant Inc. offers group critical illness plans for businesses large and small, along with attentive service. Call us to learn more about the affordable benefit options available for your team.
Send us a message! We’d love to hear from you.
