Here is an overview of the types of insurance available to protect your employees and their dependents from the financial consequences of illness, accident, inability to work or other events.
You can also add value to your group insurance plan by offering a
health spending account (HSA) or a
wellness account.
Supplementary healthcare1
Covers some expenses that aren’t reimbursed under public healthcare plans, such as:
- Hospitalization expenses
- Medical expenses
- Fees for healthcare professionals
Covers the most common vision care expenses, such as:
- Eye exams
- Glasses and contact lenses
- Eye surgery
Covers expenses incurred to help plan members recover at home, such as after an operation.
Normally included in supplementary healthcare insurance and covers drug costs.
Dental care
Covers expenses for common dental treatments and procedures, such as:
- Preventive care (checkups, cleanings)
- Restorative care (fillings, crowns, dentures, etc.)
Disability
Replaces the salaries of employees who become disabled for a short or long period of time.
Critical illness
Pays a benefit if an insured is diagnosed with a covered critical illness or has to undergo an eligible surgical procedure.
- Pays a lump sum on diagnosis
- Offers a personalized solution to support the employee’s recovery strategy
Life
Pays a benefit in the event of an employee’s natural or accidental death.
- A tax-free lump sum is paid to beneficiaries.
- The benefit amount can be increased with
optional insurance.
- Employees can maintain coverage when they retire or leave their job.
Accidental death and dismemberment
Pays a benefit in the event of
accidental death, dismemberment or loss of sight.
- In the case of a death, this amount is paid on top of the life insurance lump sum.
Optional
Lets plan members increase the amount of their insurance coverage or purchase coverage that isn’t included in their basic plan.
Three types of optional insurance are available:
- Life
- Critical illness
- Accidental death and dismemberment
Travel and trip cancellation1
Covers emergency medical expenses incurred when plan members are travelling out of their province of residence.
- Emergency healthcare
- Repatriation
- Trip cancellation or interruption
Plan members also have 24/7 access to medical, personal and financial assistance
wherever they are, thanks to our
Travel Assistance service.
For expatriate employees
For temporary residents
Covers Canadians who are working outside of the country or who return after an extended absence, as well as foreign workers coming to Canada.
- Insurance solution for expatriate groups
- Temporary health insurance to replace provincial plan coverage
Note
1. This coverage is part of your extended healthcare benefit and any eligible expenses are subject to the conditions set out under that benefit.