life insurance – Benefits Canada.com

Hub International acquiring London, Ont.-based Zavitz Insurance

lbailey — Wed, 13 Mar 2024 19:00:21 +0000

Hub International Ltd. is acquiring London, Ont.-based Zavitz Insurance & Wealth Inc. Zavitz Insurance provides group employee benefits, living benefits, life insurance services and financial and retirement planning. The organization is the latest acquisition by Hub over the last few years. Read: Hub International acquiring Oakville, Ont.-based Mitchell Sandham Last month, Hub acquired Oakville, Ont.-based Mitchell […]

The post Hub International acquiring London, Ont.-based Zavitz Insurance appeared first on Benefits Canada.com.

Top 5 HR, benefits, pension and investment stories of the week

bwolfe — Fri, 17 Nov 2023 14:00:42 +0000

An article on how the Royal Bank of Canada is marking Financial Literacy Month was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. RBC educating employees, reducing stigma around money matters through financial wellness hub 2. CPPIB returns 0.1% in Q2 2024, led by credit, private […]

The post Top 5 HR, benefits, pension and investment stories of the week appeared first on Benefits Canada.com.

How group life insurance can support employee financial, mental wellness

Sadie Janes — Tue, 14 Nov 2023 14:00:39 +0000

A group life insurance policy can support employee financial and mental wellness as they pay off debt, mortgages and other liabilities, says Kevin Dorse, assistant vice-president of strategic communications and public affairs at the Canadian Life and Health Insurance Association. “Knowing they have a confirmed payout amount upon death gives comfort to an employee and […]

The post How group life insurance can support employee financial, mental wellness appeared first on Benefits Canada.com.

Community Support Centre, Unifor agreement includes group RRSP, benefits gains

Sadie Janes — Tue, 15 Aug 2023 13:00:00 +0000

The union representing employees at Community Support Centre-Northwest in Dryden, Ont. has ratified a three-year agreement that includes retirement savings and benefits gains. The agreement includes a new group registered retirement savings plan with a 100 per cent employer match when employees contribute up to four per cent to the plan. It also includes four […]

The post Community Support Centre, Unifor agreement includes group RRSP, benefits gains appeared first on Benefits Canada.com.

U.S. workplace disability insurance premiums reach $1.7BN in Q1 2023: report

lbailey — Mon, 10 Jul 2023 19:00:44 +0000

Total U.S. sales of workplace disability insurance premiums reached $1.7 billion in the first quarter of 2023 — a year-over-year increase of five per cent — driven by a 17 per cent increase in short-term disability insurance sales, according to a new report by LIMRA. It also found sales of long-term disability insurance premiums were down five […]

The post U.S. workplace disability insurance premiums reach $1.7BN in Q1 2023: report appeared first on Benefits Canada.com.

Northern Transformer, Unifor agreement includes pension, benefits gains

Sadie Janes — Thu, 13 Apr 2023 13:00:03 +0000

The union representing 70 employees at Northern Transformer in Vaughan, Ont. has ratified a four-year collective agreement that includes pension and benefits gains. The agreement introduces a group registered retirement savings plan and a deferred profit-sharing plan in which the company will provide a matching contribution of three per cent of regular earnings, capped at […]

The post Northern Transformer, Unifor agreement includes pension, benefits gains appeared first on Benefits Canada.com.

Gesco, Unifor agreement includes retirement, paid leave gains

Sadie Janes — Mon, 27 Mar 2023 13:00:43 +0000

The union representing employees at Ontario-based flooring company Gesco Ltd. Partnership has ratified a three-year collective agreement that includes retirement and paid leave gains. The company will now match all regular employees’ contributions to the group registered retirement savings plan to a maximum of four per cent of their basic annual earnings. The agreement also […]

The post Gesco, Unifor agreement includes retirement, paid leave gains appeared first on Benefits Canada.com.

Sodexo launches global benefits program including parental leave, life insurance

Sadie Janes — Thu, 02 Mar 2023 14:00:33 +0000

Sodexo Group is supporting its multinational workforce with parental and care leave, life insurance and an employee assistance phone line. The food services company will provide a minimum of 12 weeks of parental leave for the primary care provider, towards a goal of reaching 14 weeks in most countries. It will also provide two weeks […]

The post Sodexo launches global benefits program including parental leave, life insurance appeared first on Benefits Canada.com.

Domtar, Unifor agreements include pension, benefits gains

Sadie Janes — Fri, 20 Jan 2023 20:00:00 +0000

The union representing 450 employees at Domtar Corp. in Dryden, Ont. has ratified three collective agreements that include benefits and pension gains. The agreements include several group benefits enhancements, including $100 for vision, a $200 increase for dental and orthodontics, a $10,000 increase in life insurance, $1,000 for eye surgery and improvements in short- and […]

The post Domtar, Unifor agreements include pension, benefits gains appeared first on Benefits Canada.com.

Survey finds sales of U.S. supplemental health insurance products increasing

Sadie Janes — Tue, 17 Jan 2023 14:00:16 +0000

Sales of U.S. workplace supplemental health insurance products totalled US$2.1 billion in the first nine months of 2022, rising 11 per cent year over year, according to a new survey by LIMRA. It also found workplace supplemental health insurers reported a combined total of $453 million in the third quarter of 2022, three per cent […]

The post Survey finds sales of U.S. supplemental health insurance products increasing appeared first on Benefits Canada.com.