Ensuring a successful employee benefits plan.
1 888 682-7772 | FR
360o GROUP INSURANCE NEEDS ANALYSIS
A unique 360o Vision Analysis, focused on your business needs and objectives.
STEP 1
Understanding who you are
STEP 2
Forecasting your future needs
STEP 3
Building the proper combination
STEP 4
Comparing other plans
Knowing that the well-being of your employees has a positive impact on the success of your business, this step is crucial in setting up an effective group benefits plan.
Your company: What is your strategic positioning in terms of human resources? What is your business philosophy?
Business Environment: Is it very competitive? Are your employees solicited by competitors? Do you suffer from high employee turnaround?
Your employees: What is the composition of your workforce? Do their insurance needs vary greatly? What is your absenteeism rate? What is their perception of the value of your group benefits plan?
Claims History: Has claims experience significantly increased your premiums? Under what products or services are these claims submitted? Are they controllable?
The answer to these questions allows us to get a good picture of your situation.
Unfortunately, this step is often the most neglected. For your group benefits plan to remain effective, it must be aligned with both your current situation and your business goals.
Your business: Is it in development? Expanding? Mature?
Legal environment: Will projected government actions affect your short-term plans?
Trends: What are the leading trends in group benefits? Would their integration bring true added value to your business?
The answer to these questions will enable us to define the best strategy to adopt.
Having identified your current and future needs, this analysis will determine the most appropriate product and services mix amongst the wide range available in the marketplace.
Must-have group benefits
Drug and Travel Insurance, Life Insurance, Long Term Disability Insurance
Nice-to-have group benefits
Supplementary Health Care Insurance, Short Term Disability Insurance, Critical Illness Insurance, Dental Insurance
Value-added offerings
Health/Personal Spending Accounts, Employee Assistance Programs, Tele Health, Health & Wellness, Disability Management and Prevention Programs, Owner and Executive top-up programs, etc.
Once we’ve identified the group benefit products required to meet your business objectives, we solicit offers from all carriers and sources.
Associations: these plans can offer quality coverage and enhanced underwriting conditions, at preferred rates.
Other insurers : Because of our complete independence, we can solicit quotes from all active insurers, including niche insurers and specialty or proprietary products through strategic alliances.
We then present our recommendations in a fully-transparent manner.
Moreover, because of our industry-leading IT tools, we are free to build a customized insurance plan, combining the best protection from several insurers, without increasing your administrative workload.
As a true partner of your organization, our work does not stop there.
We support you every step of the way from inception, to renewal, to day-to-day management and ongoing interactions with the insurers - so you can focus on what's most important: your business’ success.
For an in-depth needs analysis or a 2nd opinion on your current benefits plan,
1 888 682-7772 - info@vigilis.ca
