Are Your Group Benefits Enough?

Are Your Group Benefits Enough?

Having an employer-sponsored group plan is a great start to providing coverage for you and your family. It does not hurt that often the company pays a portion of the premiums! However, not every plan offers the same value to you. It is important to check and review...
Is Your Spousal Coverage Enough?

Is Your Spousal Coverage Enough?

At Simplified Financial, we often hear this: I don’t need insurance. I’m covered under my spouse’s plan.— Common Client Response Many people believe that having coverage under one spouse is enough. However, standard group plans do not always...

What does Revocable and Irrevocable mean?

The type of policy has no bearing on the beneficiary designation, whether the policy is Whole Life, Universal Life, or Term Insurance. However, be sure to legibly list the correct names of your beneficiaries on all your group, life, and investment policies. Otherwise,...

Cookie-Cutter Vs. Customized Benefits

Cookie-cutter plans are precisely that, they are the same style, one-size-fits-all, of benefits for all eligible employees. Employees, at any age and of any health, receive the same benefits package. The pricing of these benefits is not always the most affordable...
Cannabis and Group Benefits

Cannabis and Group Benefits

The recent legalization of cannabis has been the talk of the town – or the province. In the medical field, Cannabis is seen as an alternative treatment for many conditions. Blue Cross is currently exploring the option of offering extended health coverage for this type...