Why use an insurance broker?
Insurance is a complex business and it is the job of a broker to not only understand it, but also to be aware of current issues in the insurance industry and changes that might affect you. A broker has an in-depth knowledge of insurance, but also will typically have experience with your specific needs. This is of particular importance when facing decisions regarding Group Benefits plans. A Christy Insurance Broker will assist you in designing your group insurance plan, finding you bu the insurance carrier best suited to your needs, and negotiating on your behalf at time of renewal. Having someone on you side to assist you at the time of a major claim can be an invaluable experience.
Does having a Short Term Disability/Weekly Indemnity plan entitle an employer to a reduction in their EI remittance?
Yes it does. Registration of the STD plan will enable the employer to take advantage of a savings of around $75 per year for every employee covered by the group Short Term Disability plan.
How do I register my companies Short Term Disability plan for a reduction in our EI remittance?
Simply go to the following link, follow the instructions and complete the appropriate form. http://www.hrsdc.gc.ca/asp/gateway.asp?
