A PERSONALIZED STRATEGY FOR FINANCIAL SECURITY.

Build the plan your employees or independent contractors will love.

Our custom insurance plans are designed for businesses with 3 or more employees or independent contractors. We work with you to see that your plan is tailored to meet your company’s unique needs.

To get a better understanding of your business situation and best be able to help, I would like you to fill out this financial needs assessment form. It should take no more than five minutes, and feel free to estimate / skip any questions you're not sure about or feel uncomfortable answering.

Thank you and looking forward to our meeting!

Build the plan your employees will love.

Our custom insurance plans are designed for businesses with 3 or more employees or independent contractors. We work with you to see that your plan is tailored to meet your company’s unique needs.

Protect Your Employees
Offering your valuable workers a benefits package leads to:

• Lower employee turn-over rates.
• Increased job satisfaction.
• A greater ability to attract top talent.
• A way to differentiate your company from others.
• Increased employee morale that leads to better job performance.

Citadel Financial Wealth Group offers 2 unique product coverages, the first option is your traditional group plan listed directly below, this plan is the traditional way must companies have handle group benefits that is a package for your employees and or independent contractors and your costs can go up yearly based on the amount of claims from your employees.

The second option is a new way of approaching group benefits that has taken off over the last few years, this new way is more of a à la carte so your employees or independent contractors only pay for what they need, the other big benefit is for you as the business owner or controller of benefits you get to set a fixed cost per employee that doesn’t increase for the years to come unless you choose to increase your costs. The remaining cost of the group plan is paid for by the employee through pay roll deductions.

Let’s do a high level on each plan below:

Employee Benefits Features & Coverage (Traditional Way)
A typical group health insurance plan:

Has 50% to 100% of its premiums paid for by the company, with the remaining balance covered by the workers (if any).

• 
  Can (but doesn't have to) have different classifications for owners, management, etc. (e.g. different coverages for different employees).
• Usually offers coverage for dental, prescription drug and vision care costs.
• May also offer optional coverages such as life insurance, weekly income replacement benefits, accidental death and dismemberment (AD&D) and long-term disability (LTD).

Alternative Small Business Coverage ( New Way)

Want to offer your employees or independent contractors health & dental coverage but can't afford a traditional benefits plan or want a fixed cost that wont rise year over year?

We offer an guaranteed issue, personal health and dental plan can save you money and keep your employees happy.

• Coverage for health, dental, prescription drug and vision care costs.
• Also includes coverage for physiotheraopists, chiropractors, massage therapists, etc.
• Life, critical Illness, Disability Insurance and more as options

This plan is à la carte so your employees are happy with the right benefits and you have a controlled fixed cost that you can budget for.

This is the most popular way of group benefits currently. 

This plan is a cost-effective approach to providing health and dental benefits with a fixed amount every year with no increases.

Offer unmatched flexibility to meet employees’ unique benefits needs

A tax-free benefit for employees, tax-deductible for your business

Easy to understand, easy to use, and easy to love!

Services We Offer

We advocate on your behalf to the insurance companies in order to get you the best deal possible.

We shop your plan for you, taking into account your specific needs and matching them to suitable employee benefits plans from multiple insurance companies.

Free assistance to you at any point during the benefits process.

We at Citadel Financial Wealth Group are here to help you pick the best strategy for your group benefits not only today but for years to come.

Employee assistance programs are becoming a common trend in group plans, please see below for more details.

Help plan members thrive with an employee assistance program

The Employee and Family Assistance program (EFAP) is there to offer the right support at the right time to help keep members and their families healthy and at work.

We know that life has its challenges and a EFAP is designed to provide plan members with a wide range of confidential and professional counselling, self-development, and online resources. These resources can:

• Give plan members and their family members a chance to talk through their challenges
• Prevent an emerging problem from becoming a distraction at work
• Build problem-solving, coping, and resiliency skills
• Manulife partners with Homewood HealthTM, a recognized leader in Employee
• Assistance and Workplace Support services, to deliver our high-value Employee and Family Assistance Program.

The program offers:

• Short-term counselling for plan members and their eligible family membersIn person, by phone, video or online
• To help them with issues such as stress, divorce, family issues, mental health issues, weight, smoking or general health issues, and more
• A modern, user-friendly platform, accessible through any device
• Easy access to online content, such as e-Learning, articles, videos and podcasts, tailored to each user based on their profile and interests
  24/7 live chat with one of Homewood Health’s specialists
  
  The EFAP also provides assistance to help organizations deal with unexpected situations that can happen in the workplace. In addition, people leaders and HR professionals can have unlimited access to online resources and professional coaches to get advice for managing difficult situations with employees.

What's a Health Spending Account?

The Health Account is our unique approach to a popular employee benefit: the Health Spending Account (known as an “HSA” for short). These accounts are funded by the employer and can be used by employees for a wide variety of medical expenses.

Common Health Expenses

Prescription Drugs
A Health Account can be used to reimburse the cost of drugs and medications prescribed by a licensed medical practitioner and dispensed by a pharmacist.

Paramedical Services
The services covered vary by province/territory but may include psychologists, chiropractors, massage therapists, podiatrists (foot specialists), and others.

Vision Care
A Health Account can be used to pay for vision needs in many forms, including optometrist visits, prescription eyeglasses, contact lenses, and even laser eye surgery.

Dental Services
A wide variety of dental expenses can be covered by a Health Account, ranging from preventative services (including dental check-ups & cleanings) to orthodontic treatment and restorative services such as fillings.

Are Health Accounts Right for My Business?
If your company is just getting started with benefits, a Health Account is a great way to begin offering employee health benefits coverage because the costs are controlled and predictable.

A Health Account can also be a great complement to an existing benefits plan with insurance coverage, offering additional choice to employees in how they can use their benefits. These flexible spending accounts are particularly well-suited to organizations that have young or multi-generational workforces where people often have very different kinds of health expenditures.

The Benefits of a Health Spending Account

A cost-effective approach to providing health and dental benefits

Offer unmatched flexibility to meet employees’ unique benefits needs

A tax-free benefit for employees, tax-deductible for your business

Easy to understand, easy to use, and easy to love!