Providing an attractive employee benefit plan is key to hiring and keeping quality people. Whether your company has only a few staff members or you are a large complex organization, providing health benefits can be a key component in your employee's evaluation of your compensation program - and their future.
There are numerous advantages to providing a Group Benefits Plan for your employees.
Guaranteed Investment Funds (also known as "Segregated Funds" or "Individual Variable Insurance Contract") are basically enhanced Investment Funds. They come with a protective wrapper provided by an Insurance company.
They come equipped with a guarantee.
At least 75%, and in some cases up to 100%, of the initial investment is guaranteed upon the maturity of the premium deposits or the death of the plan holder, regardless of what the funds are worth on the market at the time.
You get home from work, your spouse is tired, and the baby just spilled spaghetti all over the carpet. Your older child got suspended from school for cutting his friend’s hair. After dinner, you can barely think straight. Who has the time and energy to make critical decisions about their financial life?
Raising the next generation and working to support them is already a tall order. How can you make sure you are on the right track financially when you already have your hands full?