About admin

This author has not yet filled in any details.
So far admin has created 18 blog entries.

The Purpose of a Group Benefit Eligibility Waiting Period For New Employees

Most if not all group benefit plans require new employees to satisfy a waiting period before becoming eligible for group benefits. Firms can waive the waiting period for employees and often do if they wish to hire a key employee who is coming from a firm with benefits and doesn't wish to have a [...]

By | 2017-07-07T15:13:10+00:00 June 1st, 2017|Employee Benefits|Comments Off on The Purpose of a Group Benefit Eligibility Waiting Period For New Employees

Universal Life Insurance – Protection for today and into the future

If you’re like most people, you will purchase life insurance to protect your family if something unexpected were to happen to you. And, of course, that’s exactly what life insurance is for. But did you know that a universal life (UL) insurance policy includes a savings component along with your protection plan? When it [...]

By | 2017-07-07T15:16:19+00:00 February 15th, 2017|Life Insurance|Comments Off on Universal Life Insurance – Protection for today and into the future

Prescription Drugs and Your Group Benefit Plan

In recent years, prescription drug trend factors (inflation and pricing) have come down in Ontario and some other provinces. This is due to the implementation of generic drug price reforms that were legislated by Provincial Governments and were phased in over a 3 to 4-year period in several provinces. A second reason these decreases have [...]

By | 2017-07-07T14:17:35+00:00 December 4th, 2016|Employee Benefits|Comments Off on Prescription Drugs and Your Group Benefit Plan

Blending families? Remember to review your insurance needs

The 2011 Canadian census revealed nearly half a million blended or “step” families (made up of married or common-law couples with children from previous unions) in Canada. If you’re among them, you may be dealing with several challenges. You may be adjusting to new living arrangements. Your children or your partner’s children may have changed [...]

By | 2017-07-07T15:20:28+00:00 December 3rd, 2016|Financial Advice, Life Insurance|Comments Off on Blending families? Remember to review your insurance needs

A traditional approach to life insurance may be costing you money

The usual way of purchasing life insurance is to determine how much coverage you need, how many years you need it for, then get one product. For example, you might purchase a $400,000 policy with coverage for 20 years. The drawback is that insurance needs typically decrease over the years. Thus, you can end up [...]

By | 2017-07-07T14:32:29+00:00 December 2nd, 2016|Financial Advice, Life Insurance|Comments Off on A traditional approach to life insurance may be costing you money

Employment Insurance (EI) waiting period – reducing from two weeks to one week

The federal government has confirmed that it will reduce the waiting period for employment insurance benefits. Currently the Employment Insurance payment period is 17 weeks, which includes a two week waiting period where no benefits are paid, plus a 15 week period of paid benefits. Beginning January 1, 2017, the waiting period before EI benefits [...]

By | 2017-07-07T14:39:31+00:00 November 15th, 2016|Benefit Facts|Comments Off on Employment Insurance (EI) waiting period – reducing from two weeks to one week

Where do you get your financial and life insurance advice?

Everyone has that uncle, or best friend, who has a hot stock tip or who can get you in on the ground floor of the latest thing since the iPod. Are they right? Will they help make you financially secure? Maybe. But are you willing to risk your financial future on it? If you’re like [...]

By | 2017-07-07T15:06:52+00:00 November 8th, 2016|Life Insurance|Comments Off on Where do you get your financial and life insurance advice?

Chambers Plan my-benefits® Mobile App

Do you have a Chambers Benefit Plan? Plan participants of the Chambers Plan can now submit most Health and Dental claims using a smartphone or tablet. Submitting claims electronically is a convenient way to have your claims processed quickly and easily, which means you get your money back faster. The my-benefits® app gives Chambers Plan [...]

By | 2017-07-07T15:09:45+00:00 November 2nd, 2016|Benefit Facts, Employee Benefits|Comments Off on Chambers Plan my-benefits® Mobile App

Maternity Leaves and Benefits

Benefits while on Maternity Leave What are employers’ obligations to continue benefits when an employee goes on maternity leave? This question arises frequently in the firms we insure, most of which are small without trained Human Resource Professionals on staff. Now, Chambers Plan offers all insured firms the Business Assistance Service (BAS) to assist in situations. [...]

By | 2017-07-07T15:25:50+00:00 September 21st, 2015|Benefit Facts, Employee Benefits|0 Comments

Life Insurance vs. Lenders’ Mortgage Insurance

Mortgage insurance that protects you and your loved ones – not your lender Congratulations on your purchase of your home! Whether it was last week or 6 years ago your home purchase was one of the biggest you will ever make and for that we say, Way To Go! By now you have likely decided [...]

By | 2017-07-07T15:42:16+00:00 July 9th, 2015|Financial Advice, Life Insurance|0 Comments