Providing healthcare coverage for your company’s employees is not only a sign of good stewardship, it is a legal responsibility. However, providing a choice from among a comprehensive range of insurance products and services that takes care of your company’s plans’ members is a sign of exceptional businesses.
Every employee deserves the ability to choose coverage that protects them and their dependents in the event of illness, accidents, extended absence from work and death. As you review or interview insurance providers, it is important to realize that all insurance providers do not have the ability to offer a fully comprehensive range of products and services.
If you are responsible for your company’s insurance, when it comes time to review your current plans or to look for a provider that offers a full range of services you certainly want to select a company known for its stability and strength with a long history of exceptional service. Look for a company representative that takes into consideration your company’s individual needs and guides you in choosing the services and products that are right for you.
The various areas you’ll want to consider include insurance in case of death, accident or critical illness. That would require a company being able to provide Life insurance, Accidental death and mutilation insurance as well as coverage for Critical illness insurance to include cancer, paralysis, multiple sclerosis and Alzheimer’s disease.
When it comes to Disability insurance, you’ll want to offer both Short term and Long term disability insurance.
Today, a company’s medical coverage is a benefit that employees look at before deciding to accept a position. Your offering could mean the difference between attracting high quality, loyal employees and a high attrition rate. Most desirable company’s health insurance plans cover medical and dental costs.
Accident and health insurance can cover costs for Hospitalization, Medication, Medical and paramedical costs, Emergency costs incurred outside your province of resident. Separate provisions for Vision care and Dental insurance are becoming more and more expected. Employees are seeking a wide range of dental care and procedures (check-ups, fillings, crowns, prostheses, etc.).
Additional coverage includes Travel assistance, which provides members of a group plan with medical, personal or financial assistance anywhere in the world, 24/7.
And, Home care insurance provides members and their dependents with the support and services they need during home convalescence.