Safeguard Your Health with Strategic Insurance Planning
Navigating Your Insurance Needs
Individual Benefits
✔️ Critical Illness Insurance ✔️ Disability Insurance
Group Benefits
✔️ Health Spending Accounts: Flexibile Benefits for Diverse Needs
Individual Benefits
Critical Illness Insurance.
A Safety Net for Your Health and Finances
No one anticipates falling ill, yet unforeseen medical conditions can derail your plans and impose heavy financial burdens.While the road to recovery can be long and fraught with challenges, the right insurance plan can provide peace of mind while you work towards safeguarding your health. With Statera, our critical illness insurance includes:
Easy Access to Comprehensive Coverage
This financial lifeline empowers you to address the wide array of expenses that arise during a health crisis. This includes everything from supplementing income loss and managing daily costs to accessing specialized medical care and supporting your family’s needs.
Emotional and Lifestyle Support
The Employee Assistance Program (EAP) provides an additional layer of support, including counselling, nutritional guidance, and more, helping you and your loved ones navigate the complexities of a medical condition with comprehensive care that goes beyond physical health.
Enhanced Medical Support
Included in your critical illness plan is a supplemental referral program that connects you to over 50,000 leading medical specialists who offer expert insights on diagnoses and treatments. This service is available to you and your family, ensuring access to the best medical intelligence when it counts most.
At Statera Financial Planners, we’ll consider all facets of your financial health and assist you in creating an insurance plan that aligns with your unique circumstances.
Disability Insurance
Protecting Your Income and Lifestyle
With nearly 40% of Canadians at risk of experiencing a prolonged disability before 65, disability insurance is a critical component in maintaining financial stability. Disability insurance acts as a financial safeguard, providing a substitute income stream to cover expenses in the event of an illness or accident that prevents you from working. Our offerings include:
Personal Disability Plans
Tailored Coverage for Individual Needs
Personal disability plans offer customizable options designed around your specific income level and personal circumstances to ensure thorough coverage regardless of employment status changes.
Business Disability Plans
Ensuring Your Company's Resilience
A strong enterprise is built on its people. Business disability plans provide financial assistance to manage your increased expenses or operate your company during such challenging times.
While the unexpected is an inevitable part of life, securing the appropriate disability insurance can provide you with the peace of mind to transition through uncertainties with confidence.
Group Benefits
The Backbone of Employee Well-being
While Canada is known for its healthcare system, many essential services and prescription drugs come at a price for individuals and families. Offering robust group benefits can protect your employees from unexpected medical costs, enhancing their loyalty and aiding in recruitment efforts.
Health Spending Accounts
Health Spending Accounts (HSAs) deliver additional reimbursements for a variety of health-related expenses not covered by other benefits. With an HSA, employees gain increased coverage for additional health services and treatments, creating a desirable supplement to traditional benefit plans.
Individual Health and Dental plans
Many self-employed individuals need Health and Dental plans to cover their family. Companies with as few as just 1 person can still have a plan that resembles the type of benefits that they would have as a part of a larger company. This includes Health Spending Accounts and traditionally insured services.
Employer/Employee Group Benefit Plans
In a competitive environment for employees, Group Benefit programs can be an integral part of the attraction and retention of good employees. Benefits such as flexible work hours, paid leave, and family assistance programs can help employees achieve a better work-life balance, which is highly valued. It also supports the health and wellness of employees and their families, which can lead to a healthier, more engaged, and productive workforce, as this financial security can alleviate stress and promote a positive work environment.
A Group Benefits plan can also be an effective method of compensation, leading to enhanced job satisfaction, higher morale, and loyalty to the company. As the premiums are tax deductible, it can be less expensive for a business to pay for benefits than an increase in salary.
A customized benefit plan based on your Corporate and Employees needs, designed in a sustainable way, can be a significant competitive advantage in the workplace.
At Statera, we would love to help you determine if a health spending account is right for you, your employees, and your business. Connect with us to ensure your plan is structured according to your unique needs.
Let Statera Financial Planners Secure Your Tomorrow
Our dedicated team is ready to explore how the right insurance coverage can fortify your financial future. Whether it's critical illness, disability protection, business planning, group benefits, or health spending accounts, we have the expertise to align your insurance strategies with any unforeseen health issues that may arise.
As financial planners, we do not provide specific tax and legal advice. You should always consult your accountant and/or lawyer where necessary. Because of the many ways a strategy may be impacted when segmented, we prefer to communicate collectively with your external professionals to ensure that all recommendations and action plans are in the overall best interest of you, with your professionals working with common goals in mind.
You are never obligated to act on our recommendations of products, services, or advice.