Attract and retain employees with affordable coverage that can stay with them.
Portable Benefits let you supplement your benefits plan by offering employees optional life, critical illness and accidental death and dismemberment (AD&D) coverage that they can keep even if they leave your plan.
You can provide employees access to these products at group rates, which are generally more affordable than personal insurance.
Plus, our paperless enrolment makes it simple for employees to sign up online, with no extra cost or administrative work for you.
When you offer Portable Benefits, after your employees join your plan, they’ll be able to apply online for portable/optional life insurance, critical illness and AD&D insurance.
Employees can use an online needs analysis tool, select their type and desired amount of coverage, designate beneficiaries and choose how they want to pay their premiums.
We take care of all the administration, so there’s no work or cost for you.
53% of employees said they would be interested in paying more for extra coverage.
Contact your advisor or Canada Life Group representative to learn more.