Canada Life Employee Benefit Plan

Canada Life Employee Benefit Plan: The Coverage Overview
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As a subsidiary of the Great-West Life Assurance Company, Canada Life offers some of the most attractive group benefit plans in Canada.  It provides an insurance solution to businesses, groups, and individuals. Some of the insurance solutions include disability insurance, life insurance, and critical illness insurance.

Canada Life employee benefit plan is suitable for every organization, whether big or small. With the insurance products, you can go a long way to ensure that your employees are satisfied with your business. The insurer can help you to offer security, safety, and peace of mind to your employees.

The plans can provide health and life coverage to your employees and their loved ones which will go a long way to influence productivity in your business as well as business growth. This is one of the major means businesses can retain quality employees and achieve the desired success with ease.

Furthermore, with Canada Life employee benefit plan, you can cut costs while still offering your employees quality group benefits. You will also be able to customize the employee benefits program to suit your organizational requirements while still satisfying the needs of your employees.

To get an immediate Canada Life employee benefit quote, click here.

Employee Benefit Plan Details

Canada Life employee benefit plan and other group benefit programs are handled its parent company, Great-West Life Assurance.

It offers several insurance products and services in its group benefit plan. These include healthcare benefits, dental care benefits, wellness & disability programs, solutions for small businesses, life and accidental death and dismemberment benefits, healthcare benefits for retirees, specialty solutions, and technology solutions for your benefit plan.

The healthcare benefits cover prescription drugs, critical illness insurance, healthcare spending accounts, emergency travel medical coverage and so forth.

The dental care benefits cover basic coverage such as ongoing care and maintenance and diagnostic services like X-rays, radiographs, exams, and tests; major coverage such as onlays, crowns, dentures, and bridges; orthodontic coverage such as X-rays, diagnostic radiographs and casts, braces and retainers.

The wellness and disability programs cover prevention, early intervention, and recovery and return to work. Life insurance provides coverage for employee term life insurance, dependent term life insurance, optional term life insurance, and group life insurance conversion, while accidental death and dismemberment cover accidental deaths, loss of sight, speech and hearing, accidental dismemberment of part or all of limbs, and so forth.

The specialty solutions are designed to provide topnotch coverage such as Sonata Health, Executive Benefits, Ambassador, Canus, and Welcome Plan.

To learn more about Canada Life employee benefit, click here.

Employee Benefit News

Great-West Life Co Inc is merging its insurance brands. The company plans to combine Great-West Life Assurance Co and two of its subsidiaries, namely Canada Life and London Life.

The company formed by the merger will be known as Canada Life and it will consolidate a total of 13 million Canadian customers.

Paul Mahon, Great-West Life president and chief executive said in a statement that the event marks the beginning of a new and exciting chapter for their company in Canada. He further added that the company will be able to deliver a unified and simplified experience for the customers, consultants, and advisors as a result of the merger under one brand.

According to the release, the merger is to enable the company to offer a unified set of services and products and the merged company will be called the Canada Life Assurance Co.

However, Great-West Lifeco subsidiaries including Freedom 55 Financial, Quadrus Investment Services, GLC Asset Management Group, and GWL Reality Advisors will maintain their existing brand. Furthermore, the merger will not affect Great-West Life Co’s European and U.S. businesses.

To learn more about Canada Life employee benefit, click here.

Employee Benefits Related Pages

Employee Benefit FAQ

How do I make a claim for Canada Life employee benefit plan?

What are the covered in Canada Life employee benefit plan?

How do I access Canada Life employee benefit plan?

What are the executive benefits?

What is covered in the Canada Life Welcome Plan?

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