Group Insurance Benefits
Competitive employee benefit packages that attract and retain your best people.
Employee Group Insurance
Benefits Packages in Canada
Your employee group benefits are a vital aspect of attracting and retaining qualified staff. If you're a business owner in British Columbia, we can help you provide competitive, cost-effective benefits for your employees.
At Life Hub, we put your short and long-term interests first. We are a leading firm and designer of benefit plans for corporate clients and their employees, drawing from decades of experience.
Comprehensive Benefit Solutions
Group Dental Insurance
The Canadian tax code allows employers to provide group dental coverage as a business expense and a non-taxable benefit — coverage your employees cannot buy individually. Plans can include preventive, basic, and major services, with options for orthodontic coverage depending on your budget and workforce profile.
We help employers set annual maximums, reimbursement percentages, and waiting periods so the plan remains competitive without becoming unpredictable year over year.
Group Life Insurance
Group Life, Accidental Death and Dismemberment insurance provides immediate financial support to an employee's family if the unexpected happens. The death of an employee is inevitably a huge transformation for their family — employers can provide a basic level of support for dependents at a modest, blended rate.
We can structure basic and optional life tiers, beneficiary processes, and communication materials so employees understand what is covered and where personal top-up protection may still be needed.
Long-term Disability
Many say that Long-term Disability is the best value offered among group benefits. Group disability is generally provided at a dramatically lower price compared to individual coverage, with the ability to offer coverage regardless of health.
We review elimination periods, benefit durations, definitions of disability, and integration with other programs so your plan is both protective for employees and sustainable for the employer.
Extended Health Care
Extended health care fills important gaps left by provincial health plans. Typical coverage can include prescription drugs, vision care, paramedical services, and emergency out-of-country benefits.
We help plan sponsors choose between insured, pooled, and self-insured structures based on team size, claims volatility, and long-term cost objectives.
Critical Illness Insurance
Critical illness coverage provides a lump-sum payment on diagnosis of covered conditions. This gives employees flexibility to use funds for treatment, travel, recovery time, or family support.
We guide employers on benefit amounts, covered condition lists, and enrollment strategies so this coverage strengthens your total health and disability offering.
Employee Assistance Program
Employee Assistance Programs offer confidential counselling and support for personal, family, legal, and workplace issues. Accessible support can improve productivity, retention, and overall employee wellbeing.
We help employers evaluate provider models, service scopes, and utilization reporting so your EAP is practical and measurable, not just a checkbox benefit.
Individual Pension Plan (IPP)
An Individual Pension Plan (IPP) is a registered defined-benefit pension solution often suited for business owners and incorporated professionals who want to build retirement assets beyond RRSP contribution limits.
We coordinate plan setup, contribution strategy, and ongoing administration with your accounting and advisory team so the structure remains compliant and aligned with your long-term tax and retirement goals.
IPP Services
- Preparation, implementation and CRA registration
- Actuarial valuations, compliance and annual pension adjustments
- Plan administration and reporting
- Daily reporting on investment fund returns
IPP Benefits
- Save more for retirement than an RRSP allows
- Increase pension using best years of past service
- Customized benefit indexation — early retirement without reduction
- Assets grow tax-free until retirement
- Assets exempt from seizure by creditors
How We Support Your Group Plan
Communications
Clear, professional communications to your employees about their benefits, ensuring everyone understands their coverage.
Claims Assistance
Dedicated support to help your employees navigate the claims process quickly and efficiently.
Staying Up-to-Date
Regular plan reviews to ensure your benefits remain competitive and aligned with your objectives.
New Plans
Expert design of new benefit programs tailored to your company's size, budget, and employee demographics.
Industry Outlooks
Keeping you up to date on global factors that drive rates and solutions to help protect your cost structure.
Expert Advice
Providing you with strategies and solutions to achieve your objectives.
A Benefits Partner, Not Just a Broker
Life Hub brings decades of group plan experience to every employer relationship. From initial design through annual renewals, we keep your plan competitive, compliant, and well-understood by your employees.
Common Group Benefits Questions
Extended health care generally covers medical expenses not paid by provincial plans. This can include prescription drugs, physiotherapy, chiropractic, massage therapy, vision care, and other eligible services depending on plan design.
There is no universal best plan. The right structure depends on team size, claims profile, and cost targets. Insured, experience-rated, pooled, and hybrid models can all work when matched to the employer's situation.
Claims are paid by the insurer or service provider according to the terms of your plan. The exact process depends on the benefit class and whether your plan includes direct-pay and digital claims channels.
Most plans now support fast digital workflows: pay-direct drug cards, online or app submission, and direct provider billing. The reimbursement percentage and limits are set by plan design.
A health spending account is a defined annual allocation that can be used for CRA-eligible medical expenses. It adds flexibility and allows employees to direct reimbursement toward their own needs.
In many cases, extended health benefits are treated as a non-taxable employee benefit. Tax treatment can vary by benefit type and jurisdiction, so employers should confirm details with their accounting advisors.
Group Benefits Questionnaire
Let us know a little bit about you and we will reach out to learn how we can help you with your situation.