An Equitable Approach to Group Benefits
Welcome. Equitable Life is not your typical insurance company. Our approach to Group Benefits is based on a commitment to meet the specific needs of our Plan Sponsors and Plan Members by working in partnership with our clients through our network of Independent Advisors.
By being selective in how we do business and who we do business with, we are in the unique position to deliver unique products and services with a caring, personal touch.
Partnership
We are one of Canada’s largest and strongest mutual life insurance companies and are proud of the stability and clarity of purpose this brings.
We believe, quite simply, that we will only succeed if our clients and Independent Advisors succeed. The spirit of partnership is the reason we place so much emphasis on caring, flexibility and responsiveness – for our largest client, and our smallest. Partnership is what motivates us to keep getting better at what we do and to be the kind of company you would want to do business with.
The find our more about the Equitable Approach to Group Benefits, please contact your nearest Equitable Life Group Regional Sales Office.
Back to TopIndependent Advisor Network
We are dedicated to the Independent Advisor system and fully support a relationship involving Equitable Life, our clients and their chosen representative. These qualified Group Benefits professionals offer unbiased advice to our customers, which is essential to the provision of effective and cost efficient Group Benefit Management Solutions.
If you are not currently represented by an Independent Advisor, please contact your nearest Equitable Life Group Regional Sales Office to be put into contact with a member of our network of Independent Advisors.
Back to TopUnique Products and Services
We do things a little differently and a lot more personally. By offering a complete range of flexible Benefit Management Solutions that are comprehensive and cost effective, we are able to meet the specific needs of each unique situation.
Our line of products and services include:
- Life Insurance
- Accidental Death and Dismemberment Insurance
- Disability and Absence Management Solutions
- Health Benefits
- Dental Benefits
- Health Care Spending Accounts
- Online Health and Wellness Resources at EquitableHealth.ca®
- Innovations® Web Services for Plan Administrators, Members and Advisors
Group Life Insurance
Group Life Insurance as part of a benefit plan allows our clients to provide their Plan Members with the peace of mind knowing that their family and financial obligations will be met in the event of the unforeseen.
By offering employer-sponsored Life Insurance as part of a Group Benefit Plan and providing Plan Members with access to additional Optional Employee Life Insurance, our clients can help ensure that their employees hold the right amount of Life Insurance to meet their specific and unique financial obligations.
Back to TopAccidental Death and Dismemberment (AD&D) Insurance
Most Canadians are not prepared for the financial devastation that can accompany an unforeseen accident. By providing your Plan Members with AD&D coverage you can help protect them and their loved ones against the impact of a covered accident. AD&D benefits can also include bereavement, child and funeral expense benefits that are specifically designed to help your Plan Members’ loved ones in the event of a fatal accident.
Back to TopDisability and Absence Management Solutions
Disability and absences can be a difficult time for both employees and employers and can have devastating impacts. Employers suffer losses in productivity, resources and customer service, and satisfaction levels when employees are away from work. The impact to employees needs to be measured both in terms of the potential loss of income and financial security as well as the isolation and uncertainty that can accompany serious health issues.
The Equitable commitment to minimizing the cost and impact of disability is founded upon the principal that absent workers must be supported throughout the disability process in order to regain their health and successfully return to work. Where a return to work is not possible, we are committed to providing fair and consistent support to employees suffering ongoing, severe disabilities.
These principals are embedded in our dedicated disability and absence management team, our superior service and our contract provisions.
Back to TopHealth Benefits
The flexibility of Equitable Life’s claim systems enables us to customize our clients' Health Benefits coverage to meet their specific needs, allowing them to provide the coverage levels their Plan Members need. Plans can provide full coverage or include Plan Member paid deductibles or co-payment amounts.
Health coverage can be designed to include:
- Coverage for paramedical practitioners, from Athletic Therapists to Psychologists;
- Convalescent Home Services;
- Ambulance Services;
- Private Duty Nursing Care;
- The appliances and supplies employees need to recover from accidents or illnesses;
- Prescription Drug Coverage (including Pay Direct Services);
- Coverage for Hospital Stays and associated expenses;
- Vision Care Services;
- Dental Accident;
- Coverage for expenses incurred while an employee is outside of their province of residence;
- Travel Assist (Out of Country Emergency Coverage)
- Other medical expenses not covered under Provincial health Care Plans; and
- Survivor Benefits.
Dental Benefits
Equitable Life Dental Benefits are designed to provide Plan Members with flexible and responsive coverage for themselves and their families as well as cost containment solutions for our clients. Dental Benefits can be designed with any combination of deductibles and reimbursement levels, allowing our clients to select the right level of coverage at the right cost.
Dental coverage can be designed to include:
- Diagnostic Services;
- Preventive Services;
- Restorative Services;
- Major Dental Surgical Coverage;
- Periodontal Services;
- Endodontic Services;
- Denture Repairs; and
- Adult and Child Orthodontic Service Options.
Health Care Spending Account (HCSA)
A HCSA is in essence an individual Plan Member’s account that provides reimbursement for covered expenses such as:
- Eligible expenses not covered under a current benefit plan;
- Eligible expenses in excess of current plan maximums;
- Co-insurance and deductibles charged by current benefit plans; and
- Expenses for dependents not eligible under other benefit plans, but eligible under the broader Canada Revenue Agency (CRA) definition of dependent health and non-health related expenses.
By design an Equitable Life HCSA addresses the unique and differing needs of clients and their Plan Members. For Plan Members it provides greater flexibility in how they choose to spend their allocated amount. For employers it provides a greater cost certainty by providing an established maximum cost per benefit period per Plan Member.
An HCSA is a flexible and easy-to-use solution to today’s complex benefit marketplace issues such as:
- Changing workplace demographics and the need for plan flexibility;
- Rising benefit costs; and
- Employee retention and recruitment issues.
Bringing Balance to Group Benefits
We understand that technology is only as relevant as the information it delivers. That is why EquitableHealth.ca™ offers online access to Canadian Health and Wellness resources. Through a holistic approach to Group Benefits, we provide valuable information, tools and support to deal with the physical and mental issues that can impact the ability to lead a healthy, balanced life.
The resources at EquitableHealth.ca can help improve work-life balance and the overall health of our clients and their Plan Members and are offered at no charge as part of all Equitable Life Group Benefit Plans.
Back to TopInnovative Online Services for Plan Sponsors, Plan Members and Advisors
As a result of our commitment to service, we developed our aptly named Innovations® Web Services. This online solution is flexible and comprised of three customized service modules offering our Plan Sponsors, Plan Members and Advisors the self-service options they require.
Innovations provides:
- Simplified plan administration and reporting;
- Real time enrolment and change updates;
- Environmentally friendly E-Solutions;
- Quicker turnaround times;
- 24/7 Access to a private, confidential and secure network; and
- The opportunity for Plan Members to participate in managing and understanding their benefits
Caring Service and Staff
At the core of our commitment to our clients and their Plan Members is our unwavering dedication to service. Coverage and products only become solutions when empowered by caring, knowledgeable individuals. Because of our dedicated staff, we have built a strong reputation for delivering service with a caring, personal touch.
Whether we are communicating with our clients by telephone, via email or the Internet, all client contact is backed by our commitment to service and the Equitable Approach to Group Benefits.
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