GroupBenefits.ca specializes in employer group benefits and retirement programs. Park & Associates Insurance Agency Inc. can also provide support for a range of personal, business and financial needs.
Some insurance and financial needs extend beyond what an employer-sponsored plan is designed to address. In those situations, an individual or business solution may be worth considering.
That may include protecting an owner or key employee, arranging personal insurance, replacing benefits after leaving a group plan, or addressing individual savings and retirement needs.
Products differ in eligibility, underwriting requirements and contract terms. We can help narrow the choices and identify when more specialized guidance is warranted.
Personal coverage can help address risks that are not fully covered through an employer plan or that continue independently of employment.
Insurance can also help protect the financial interests of a business when an owner or important employee dies or becomes disabled.
Personal coverage may help when someone does not have access to an employer-sponsored plan or needs protection for eligible medical expenses while travelling.
Insurance-based and guaranteed financial products may be available for clients with personal savings, investment or retirement-income needs.
We start by understanding what needs to be accomplished, then consider the approaches that best fit the circumstances.
Identify what you are trying to protect, fund or replace and how long the need is expected to last.
Group benefits, personal policies and existing financial arrangements can affect what additional solution makes sense.
Where a product is suitable, compare structure, cost, contract terms and provider differences rather than focusing on price alone.
Coverage, eligibility, underwriting, investment options, tax treatment and availability depend on the product, provider and individual circumstances. Information on this page is general and is not intended as legal, tax or investment advice.
Tell us what you are trying to accomplish. We can help determine whether an additional insurance or financial solution should be considered.