Offering Group Health Benefits for Your Employees

When you are small or medium sized business owner, and you want to go a little further for your employees, your first look should be towards offering group health benefits for your employees. Traditional health and dental insurance is not actually “insurance” because employers indirectly pay the health and dental claims. Typically, a life insurance company will charge the difference between the premiums and the claims, but there is a unique program available to Canadians where the administration costs is a percentage of claims and a flat monthly fee per employee, which makes it substantially less money than traditional insurance- and it still offers you great coverage.


Offering group health insurance is a wonderful incentive for keeping your currently employees happy, as well as attracting potential candidates for future positions. With today’s economy, many small and medium sized businesses do not believe they can afford health benefits for their employees because they are only aware of traditional benefit plans. Offering benefits to employees can often be the defining factor for your company when a job candidate is being offered a position as individual health coverage is significantly more expensive for the consumer. Ask your group health broker about Ten Star’s Group Plus and discover how you can offer more, for less.


When discussing insurance options with your broker, prepare a short list of questions before arriving. Finding a knowledgeable broker with experience dealing with the type of insurance you need can help you in the long run, so remember to take your time when finding the most appropriate broker for your needs.

Critical Illness Protection: Insurance You Can Rely On

Cancer, strokes- a critical illness can happen at any time. Critical illness protection is designed to help financially when you need it the most. Finding the best coverage now can dramatically affect your financial stability later on. What can you do to make sure you get the best and most affordable coverage?

What is Critical Illness Protection?

A critical illness protection policy is an insurance policy to protect yourself and your loved ones should you get a critical illness. Having a stroke or being diagnosed with cancer can happen at any time, but if you are protected, the insurance company will provide you with a lump sum payment if you suffer from a covered illness. The lump sum payment can be used towards private nursing, personal medical equipment, debt re-payment, and also loss of income. If you purchase critical illness insurance, for a specified period of time, your premium remains the same for the extent of your CI insurance.

Critical Illness Protection Policies

Policies with insurance companies regarding critical illness protection do very from provider to provider. However, these insurance policies can often be customized specifically to your needs and concerns. Some illnesses may not be covered out of the box, although typical covered conditions are: cancer, heart attacks, strokes, blindness, Alzheimer’s, multiple sclerosis, organ transplants, kidney failure, and paralysis.

Finding Critical Illness Protection Coverage

When discussing insurance options with your broker, prepare a short list of questions before arriving. Finding a knowledgeable broker with experience dealing with the type of insurance you need can help you in the long run, so remember to take your time when finding the most appropriate broker for your needs.

Life Insurance: Honest Brokerages in Canada

There are a number of life insurance brokerages in Canada, so how can you choose an honest brokerage to deal with when planning for your future, and the future of your family? There are a few simple steps you can follow to help assure yourself that you are dealing with an experienced and trustworthy brokerage. What can you do to find an honest life insurance brokerage?

Types of Life Insurance Brokerages

Many brokerages specialize in different types of insurance, and even different types of life insurance which is commonly placed under the ‘life insurance’ umbrella. For instance, there are life insurance policies like mortgage life insurance, critical illness protection, and term life insurance, which are different policies but are referred to by the same common term.

How Can I Find An Honest Life Insurance Brokerage?

When you need to find a life insurance brokerage, there are a few ways to find an honest and friendly brokerage which will find the most cost effective solution for your needs.

• Recommendations: Ask around and see if your friends or family members have spoken with a life insurance brokerage recently
• Proximity: If you pass by a brokerage near your home, or workplace, they may offer the type of life insurance you are looking for. Walking in and asking questions are great first steps with deciding.
• Online reviews and testimonials: Just like restaurants, products, and movies, you will probably be able to find a review of a brokerage nearest you online

Getting the Best Rates from Your Life Insurance Brokerage

When discussing options at your life insurance brokerage, prepare a short list of questions to ask before arriving to your initial appointment. Finding a knowledgeable brokerage with experience dealing with the type of insurance you need can help you in the long run, so remember to take your time when finding the most appropriate brokerage for your needs. Getting life insurance coverage is an important process, so take comfort in knowing that you and your loved ones will be protected.

Group Life Insurance: is it worth it?

A common employee benefit in Canada is group life insurance. The increased savings available at group rates is a good opportunity to offer more for your employees; individual life insurance policies are often much more expensive.

What is Group Life Insurance?

When a company or association insurances a number of related people under a life insurance policy, insurance companies will refer to this as group life insurance. Many policy holders often find one of the main perks of getting group life insurance is medical examinations are usually not required. For more info, see Wikipedia's article on life insurance.

Finding a Group Life Insurance Broker

When you need to find a broker for group life insurance, there are a few ways to find an efficient and friendly broker who will find the most cost effective solution for your needs.

• Recommendations: Ask around and see if your friends or family members have spoken with a group life insurance broker recently
• Proximity: If you pass by a brokerage near your home, or workplace, they may offer group life insurance policies. Walking in and asking questions are great first steps with deciding.
• Online reviews: Just like restaurants, products, and movies, you will probably be able to find a review of a broker nearest you

Getting the Best Rates for Group Life Insurance

When discussing options with your group life insurance broker, it is best to prepare a short list of questions before arriving. Finding a knowledgeable broker with experience dealing with the type of insurance you need can help you in the long run, so remember to take your time when finding the most appropriate broker for your needs.

Life Insurance Brokers 101

Ontario Life Insurance Brokers: What You Need To Know

Purchasing a life insurance policy for yourself or a loved one is an important and serious process. We do not often like to think about worst case scenarios in respect to the health of our friends and family, but proper preparation is important. Speaking to brokers about life insurance policies can be easy if you take a moment to understand the various options available. Finding a great broker with a wealth of knowledge and experience can be easy if you know the best steps to take when searching for your best match.

Types of Life Insurance Policies

There are many types of life insurance policies in Ontario, and types of insurance which are very similar to what is commonly referred to as simply “life insurance”. For instance, there are life insurance policies like mortgage life insurance, and term life insurance, which are different policies but are referred to by the same common term. It is important that you speak with your broker when discovering which policy works best for your needs, so that you know exactly what coverage you are getting. Doing your own research online is always a great start, and is especially helpful to do so, prior to your first discussion with your broker. To make the best out of your initial meeting, having your pending questions immediately answered will make you feel a lot more comfortable and informed during your decision process. With the numerous aspects to a life insurance policy, an educated conversation with your broker can only work to your benefit.

Finding a Life Insurance Broker

When you need to find a life insurance broker, there are a few ways to find an efficient and friendly broker who will find the most cost effective solution for your needs.

• Recommendations: Ask around and see if your friends or family members have spoken with a life insurance broker recently.
• Proximity: If you pass by a brokerage near your home, or workplace, they may offer the type of life insurance you are looking for. Walking in and asking questions are great first steps with deciding.
• Online reviews: Just like restaurants, products, and movies, you will probably be able to find a review of a broker nearest you.

Getting the Best Rates from Your Ontario Life Insurance Broker

When discussing options with your life insurance broker, prepare a short list of questions before arriving. Finding a knowledgeable broker with experience dealing with the type of insurance you need can help you in the long run, so remember to take your time when finding the most appropriate broker for your needs. Getting life insurance coverage is an important process, so take comfort in knowing that you and your loved ones will be protected. A great broker should be able to clearly explain and review the pros and cons of policy modifications with you, allowing you have an easier understanding of exactly what you will be covered for.

Free life insurance calculator at www.TenStar.ca