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Putting the focus on death

September 13th, 2013

Due to the focus on rising costs of Extended Health Care and Dental, an easy way to provide a low-cost plan enhancement is to increase Life and AD&D benefits.  This shows that you’re thinking of employees and their families in the long-term and can boost employee morale and provide comfort and reduced stress to the employee with a minimum cost to employer.  Need another advantage?  Premiums are also tax deductible.  The average cost in Ontario for a funeral is between $5,000-7,000.  With more plans implementing a minimum flat $25,000 Life benefit, after paying final expenses, there's not much leftover for the remaining family members.  For an employee with a spouse and children, it shows that you’re thinking of their family when you increase their death benefits.  Contact us for specific information regarding your plan today.

Matrix Benefit Services
126 Commercial Avenue, Unit 7
Ajax, ON L1S 2H5
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