1. An affordable investment in your business
Presented by:
Advisor Name

2. Agenda The challenges A great solution What to look for
Getting Started

3. Challenge #1 Attracting and retaining the best employees
Almost half of businesses had difficulties finding qualified labour to meet staffing needs in the first half of 2003Source: CFIB, December 2003

4. Challenge #2
Attracting and retaining those employees in a shrinking market
The pool of employees is estimated to decline considerably
One in 7 adults are under age 65; by ___ this number will decrease to one in four
As the workforce ages, there will be increased compet8tion for employees

5. Your People…a competitive edge
Good employees can have a significant impact on the bottom line for a small business
Long term employees bring more value to the organization than a series of short-term employees

6. A great solution…
Security and peace of mind through an employee benefit program

7. Why benefits? You can: Attract high quality employees
Improve employee morale
Retain the best employees
Take advantage of this tax deductible business expense
Promote health and wellness

8. A strong statement Shows concern for employees and their families
Demonstrates management responsiveness
Makes a strong statement that says:
“We are an established company”
“We value employees”
Increased wage pressures due to government cost shifting

9. Employee Satisfaction
An employee benefits plan contributes to a sense of employee satisfaction and security

10. The Benefits of Group
A group discount for coverage (less expensive than individual products)
Comprehensive benefits
Reduced requirements for proof of good health

11. A cost-effective approach
Tax deductible business expense
Employer contributions don’t reduce disposable income
Health and dental benefits are received tax free by employees
Can be paid via payroll deduction (employee contribution)
Proper plan design – First Time Buyer approach - 50% co-insurance

12. What to look for… Simple administration
Straight forward communication materials
Toll free customer service
Pre-authorized payment
Online access to plan management/information

13. Base Benefits Life Insurance (Salary Based Benefits Available)
Accidental Death & Dismemberment (AD&D)
Extended Health Care (pays above government plan)

14. Supplementary Benefits
Dependent Life
Short and Long Term Disability (Income replacement)
Dental care

15. Common Plan Design Life & AD&D (Flat $25,000)
Dependent Life ($5,000 spouse/$2,500 child)
LTD (66.67% / 120 day wait / to 65 / Max $3,000 / Non-Taxable)
Health (Drug card, professional services (massage, chiropractor), semi-private hospital, out of country/travel coverage)
Dental (Preventative and restorative coverage – checkups, fillings, x-rays etc.)

16. Managing the Plan The insurance company will provide support with…
Comprehensive, easy-to-understand administration kit
Clear, detailed monthly billing statements
Toll-free access to customer service professionals

17. Not on your own We can help with:
Day to day issues and employee questions
Annual program reviews, plan performance and plan design management

18. Getting Started Simply provide: Employee info:
Dates of birth
Gender
Dates of hire
Occupations
Income
Coverage status (single,family)
Desired or current benefits
Authorization Letter
Information on any absent staff
We can do the rest!

19. Summary of Advantages Financial protection for families
Tax deductible premium for you
Tax effective way to compensate employees
Streamlined administration
A strong statement

20. Questions?