Insurdinary logo

Get insurance rates in minutes and compare

The Co-operators Employee Benefit Plan

Employee Benefit Plan Overview

The Cooperators Insurance Logo

The Co-operators is one of the biggest insurance companies in Canada. It operates a diverse, multi-line and integrated insurance services with lots of insurance products and services including group insurance.

Businesses that intend to provide robust and attractive group insurance to their employees and stakeholders should seriously consider The Co-operators employee benefit plan. The plan is designed to be elegant, attractive, customizable and easy to use.

Group insurance is an easy way for businesses to attract and retain quality employees. Rather than increasing their taxable salary, you could provide additional compensation to your invaluable employees with The Co-operators employee benefit plan.

Furthermore, The Co-operators provides benefits to the plan sponsors, plan members and plan advisors. The claims process is seamless and you can save a lot of money with the employee benefits program. It is easy to set up and customize the group benefit plan in such a way that it will suit your organization’s requirements and meet the needs of your employees.

To get an immediate The Co-operators employee benefit quote, click here.

Employee Benefit Plan Details

The Co-operators offers a wide range of insurance products in its group insurance. These include group benefits, group auto and home insurance, and group retirements.

The group benefits include dental coverage, life insurance, and disability coverage.

The group benefits products and services include extended health care and dental plans, continYou individual health and dental coverage for former plan members, continYou golden retiree health and dental coverage, drug plans, mental health care, emergency medical travel assist, emergency out of country care, health spending accounts (HSA), life and accidental death & dismemberment (AD&D) and so forth.

The Co-operators employee benefit also include coverage for home and autos. This allows group members to save up to 40% on their home and vehicle. You can also take advantage of special discounts offered in the plan “combine and save” to save a lot on your home and auto coverage.

Employers can also help their employees to prepare for a better future with the group retirement plan. By providing a way for you to manage your group retirement plan online and change your investment style, it is easy for you to curate your retirement plan and tailor it the way you want.

To learn more about The Co-operators employee benefit, click here.

Employee Benefit News

Starting from January 2019, eligible plan members of The Co-operators can access Internet-based cognitive behavioral therapy (iCBT) guided by a therapist through their extended health care coverage. The service is offered by Morneau Shepell, The Co-operators’ partner and it will be added to coverage for social workers and psychologists.

Conor Quinn, vice-president of Group Benefits with The Co-operators said they are proud to be one of the first group benefits providers to offer iCBT in extended health care coverage. He added that this is another way for them to make the workplace a pathway to positive mental health.

The University of Regina partnered with The Co-operators to conduct a research and discovered that iCBT remarkably improved symptoms of anxiety and depression for people who participated in the study. Among those who completed the follow-up questionnaires, a 35 percent reduction in psychological distress, depression, and anxiety, as well as over 40 percent improvement in panic symptoms, were recorded.

Furthermore, The Co-operators is including iCBT as a part of its claim management protocol for plan members on disability leave for medical health issues. Due to the uniqueness of the situation, the level of support is customized in such a way as to suit each circumstance and individual.

Adam Kelly, Morneau Shepell’s senior vice-president, health and productivity solutions said that iCBT helps to remove the barrier for people who require support irrespective of the nature and kind of barrier whether geographical, cost or specific to challenge.

To learn about Canadian The Co-operators employee benefit, click here.

Employee Benefit Related Pages

Employee Benefit FAQ

How do I file a claim?

You can take advantage of the OneStep Advantage to file a claim fast. Call OneStep anytime at 1-800-387-1963 to speak with an insurance claims representative at The Co-operators in order to process your claim immediately.

What are the claims guarantees offered by The Co-operators?

The Co-operators offers several claims guarantees. These include claims counseling, quality repairs and replacements, efficient service delivered with respect, accident forgiveness, service review panel, and the client paid claims.

How does The Co-operators pay claims?

The Co-operators provides two options for claims payments. You can choose to receive the payment cheque mailed to your home address or through Interac e-Transfer for claims up to $10,000.

What should I do if I am in an accident?

In case of an accident, you are advised to stay at the scene, check for injuries and if necessary, call 911. Next, access the situation, check for damage done to your vehicle, take pictures and collect information. Call the police and file a report and contact your insurance company.

Will my driving experience outside Canada count?

This will depend on the type of license and the country. You can call your Financial advisor to discuss this in order to be sure of what to expect.

To learn more about Canadian The Co-operators employee benefit plan, click here.

Google Rating
Facebook Rating