Regardless of the plan, the favourable taxation is the leading advantage for implementing a flexible employee group benefit: · 100% corporate tax deduction · Non-taxable to employees at the time of claim However, for certain insurance lines, this requires...
Don’t be duped into thinking you can “spot” someone who will commit insurance fraud. The players are as vast and divergent as snowflakes on a winter’s day. In employee group benefits alone, the annual toll of theft is in the billions of dollars with 3-10% of claim...
Employee group benefit plans have a lot of moving parts, for a lot of different people. · Life Insurance · Disability · Health Care · Dental Care A typical plan will include no less than four different insurance coverages and can include more than...
Other than Father Time and Mother Nature, the legend of Saint Nicholas is one of the oldest. Records suggest he was born around 270 A.D, but as they didn’t celebrate birthday’s back in the day. Even the big guy can’t quite remember, other than he’s always been fond of...
According to Google, Key Performance Indicators are “a quantifiable measure that demonstrates how effectively an organization, department, or individual is achieving its strategic goals and objectives. KPIs help track progress, inform decision-making, and focus...
The employer’s benefit plan included group life insurance payable at a flat $50,000 to a designated beneficiary. An employee under this health benefit plan was going through an acrimonious divorce and completed a change form to update his beneficiary from his spouse...
