Do I Need Disability Insurance? It’s fair to say that your health is the most important asset you can own. Good health is the foundation for a happy and successful personal and professional life. Unfortunately, health is an asset with no guarantees. Bad things can happen to anyone and disability insurance is a tool that provides you and your loved ones protection. Your health directly effects your ability to earn money. A long-term illness or […]
Understanding the Advantages of Disability and Critical Illness Insurance Benefits Good health is one of the most important things an individual can have. It’s something that many of us take for granted, but it’s important to have a strong insurance plan that insures your greatest asset. It’s not something you think about, but your health is essential in your career. Without it, your ability to earn an income and grow your career can be severely […]
Why The Chambers Plan Is Your Best Option for Group Benefits for Firms Under 100 Employees Recently there has been a great deal of debate about value in the group insurance industry. For year’s carriers have competed for business almost exclusively using price as their sole marketing mechanism. In fact, it is not uncommon for a carrier to price health and dental premiums below a company’s previous year’s actual claims. For some time, the exception […]
Why Most People Should Be Building a Registered Retirement Savings Plan (RRSP) Account To be clear, my belief is firm that everyone should have at least some form of a financial plan. Too many clients we see have reached their 50’s and are playing catch-up to what savings they should have in place. Many simply don’t feel they need to do much and assume (or hope) they’ll have the same lifestyle when they retire as […]
HELPING SMALL BUSINESSES TAKE CARE OF THEIR EMPLOYEES SMALL, MEDIUM AND HOME BASED BUSINESSES face the challenge of securing benefits insurance that delivers great coverage at reasonable, stable rates. More than 30,000 business owners and managers have achieved exactly that with The Chambers of Commerce Group Insurance Plan®, making it Canada’s #1 employee benefits plan for small business. The plan is tailored for operations with one employee up to 99. “We insure virtually any industry, […]
Planning for the Future with 2016 RRSP Contributions Christmas is now safely in the rearview mirror and everyone’s back to grind of work. That means it’s time for RRSP season. With the 2016 RRSP contribution deadline of February 29th fast approaching, this is the perfect time for Canadian workers to invest in their future. A recent survey conducted by TD Bank found that nearly one third of millennials have limited knowledge of how RRSP savings […]
Managing Costs In Your Benefit Plan Today, managing a benefit plan can be more complex than it ever has been. Understanding the factors in your program requires thought, vision and understanding of all the moving pieces. Ultimately, as an employer you have to decide between the cost and risk of a plan. Cost and risk are not just for what the plan pays for, but also the cost and risk to keeping your plan sustainable. […]
Today, in the digital information age, there are a wide variety of opinions of what a financial plan should look like. Even a congregation of CFP’s (Certified Financial Planners) might have a variety of approaches and thoughts. The answer truly is in the eye of the beholder. As an active CFP providing financial advice I can tell you we have a wide range of clients. We have clients who need financial assistance, clients needing monthly […]
It’s not unusual for Ontarian’s to ignore and shrug off political agendas and proposed legislation. In fact, one could make the statement that far too often we react slowly to change, if at all. If there was ever a time to take notice and make your thoughts known it might be now. Most are aware of new legislation passed provincially following federal legislation regarding pensions. What most Ontarian’s aren’t aware of is what the full […]
Is an Employee Assistance Program (EAP) worth the investment? Accessing an employee assistance program (EAP) is often the first step an individual takes towards regaining and maintaining good mental health – but little evidence has been available to employers to illustrate the broader impact of these programs. A recent Canadian study paints a clear picture of the financial benefits for organizations that provide an EAP as part of a group benefits package. What is an […]
