While more than half (58 per cent) of Canadian employers provide top-up pay for maternity leave benefits, just 33 per cent offer top-ups for parental leave benefits, according to a new survey by Aon. The survey, conducted among 207 Canadian employers, found 53 per cent provide income replacement of 95 per cent to 100 per […]
In an art gallery, people often recognize and appreciate the arrangement of the pieces as much as the works of art themselves. When employers offer voluntary benefits, they’re hoping that employees appreciate the offering. Above and beyond that, if plan members recognize the program as a customized suite of benefits that supports their unique needs, even better. Another conclusion […]
Sun Life is making a mental-health navigator available to plan members, aiming to help them find support during the coronavirus pandemic. The navigator, provided by Teladoc Health Inc.’s Best Doctors, connects plan members with a case manager who will assess their health history, set up a consultation with a psychologist or psychiatrist and keep in touch to make […]
Allstate Benefits is rolling out its critical illness coverage with medical care support services for Canadian employers and employees. When a plan member is diagnosed with a covered critical illness, they receive a cash benefit based on the percentage payable for that condition. The cash benefit can be used for any example; for instance, to cover […]
Starbucks Coffee Company is introducing critical illness insurance plans for parents of full-time employees in mainland China beginning June 1, 2017. “Supporting critical illnesses for aging parents exemplifies what we believe is our responsibility as a global public company and honors the family values deeply-rooted in the Chinese culture,” said Howard Schultz, executive chairman of […]
Many employees know the value of taking part in their company-sponsored savings plan but unfortunately not enough. They know it’s a valuable tool to help them grow their retirement savings and prepare them for the day they will need to draw on those savings. Many company-sponsored plans are a good start for retirement savings but need to be supplemented with personal saving outside of the plan.
The Empire Life Insurance Company has partnered with MedExtra Inc. to provide a health concierge service to customers who add Empire Life group critical illness to their benefits plans. The service complements Empire Life’s group critical illness insurance. Read: Are traditional benefits good enough? “Being told you have a serious illness is frightening. Having someone […]
Manulife Insurance has altered its Lifecheque Critical Illness offering.
Desjardins Financial Security has launched a new critical illness insurance product for employers who want to help their employees cope with the financial stress related to health problems.
The Empire Life Insurance Company has enhanced its Vital Assist Health Benefit, a critical illness product that provides financial assistance to employees diagnosed with a serious illness.