Group Benefits
 A benefit plan is definitely not a "one size fits all" solution. A group benefit plan can take on many different forms depending on the size of the group, the objectives of the plan sponsor and the benefit plan budget. The characteristics and requirements of each group must be thoroughly analyzed and reviewed so that the benefit plan matches the objectives of the plan sponsor. Our goal is to provide clients with access to a wide range of group benefit programs which are suitable to their specific situation, while helping to manage rising costs.
Bayside Approach
Our approach is focused on providing the best level of coverage at the lowest possible cost to both you and your employees. Our main goal is to help employers create a competitive advantage for their business by providing an employee benefit plan that gives you the ability to lower turnover and achieve higher profits and productivity. We deliver a new dimension to your group benefits plan with increased flexibility, choice and convenience—all within the strength and security of the Bayside organization.
As a truly independent brokerage operation, we can quote from all the leading insurance companies to obtain the best possible rates in the marketplace. We have made a commitment to our clients that we will never become a captive or exclusive agent representing only one life insurance company and we will continue to operate as an independent broker now and in the years to come.
We are confident that our research and knowledge into potential options will provide you with a competitive and attractive group benefit plan for your employees.
We appreciate that each plan sponsor has unique objectives. Recognizing this diversity, we strive to find creative and flexible solutions and are committed to ensuring that you get the best value for your benefit dollar. As brokers, we represent virtually all insurance suppliers. This enables us to make truly objective recommendations to our clients that put their needs first.
Our Full Service Approach Includes:
- Needs analysis
- Plan design
- Plan implementation
- Quarterly customized reporting
- Renewal rate analysis
- Rate negotiation
- Cost containment strategies
- Administrative support
- Plan marketing
- Claims resolution
Bayside specializes in offering not only traditional benefit plans but also:
- Private Health Service Plans or Health Spending Accounts
- Executive Health Options
- Group RRSP
- Group Critical Illness
Bizflex+
Bizflex+ is insurance for unexpected events and helps to eliminate the financial risk of an unforeseen accident or illness. It protects you whether you’re in your home province, taking a short cross-border trip, or on that dream vacation with your family. There is no medical underwriting required for this coverage and it is guaranteed issue. Unlike other travel coverage there is no pre-existing condition exclusions and the coverage is available until age 71.
There are two parts to Bizflex+:
- Out-of-Province/Out of Country Travel Coverage: that covers you in the event of a medical emergency while you are traveling outside your own Province of residence.
- Catastrophic Health Coverage: that covers you in case of a significant illness or injury that could result in costly unplanned expenses.
Don’t let an illness or accident cripple you financially. Insurance is a smart way to cover unexpected expenses and Bizflex+ gives you peace of mind for under $10/month.
Bizflex+ is only available to those enrolled in a Bizflex health trust plan.
For more information on Bizflex+ click here.
|
