Group Life Insurance
ARE YOU AN EMPLOYER LOOKING FOR
Group Life Insurance?
Shelter Bay Financial Corp. helps employers provide group life insurance coverage designed to protect their employees and their families. We work with leading Canadian insurers to offer competitive, flexible plans that align with your company’s needs and budget. From selecting the right coverage options to implementing the plan, our team guides you through every step of the process to ensure your employees have reliable protection in place quickly and smoothly. Based in British Columbia, we serve businesses across BC, Alberta, Saskatchewan, Manitoba, and Ontario.
Flexible & Affordable
Life Insurance and AD&D Solutions
Basic Group Term Life (Employer-Paid)
This is the foundation of most Canadian benefits plans.
Coverage is usually 1x salary (sometimes 2x)
Employer pays the premium
Coverage is term-based (no cash value)
Ends when employment ends (unless converted)
Optional / Voluntary Life (Employee-Paid)
Employees purchase coverage beyond the basic amount.
Employee pays the premium
May allow coverage for the employee or their dependants
Often subject to evidence of insurability at higher amounts
Accidental Death & Dismemberment
AD&D is often paired with group life insurance.
- Employer pays the premium
Pays if death or serious injury occurs due to an accident
Usually mirrors the life insurance amount
Very affordable addition
Protect Your Employees & Their families
From The Unexpected
The loss of a life is a devastating and emotional time for their family. In addition to the grief, loved ones may face sudden expenses such as funeral costs, mortgage payments, and ongoing household debts. Without adequate protection, this can create significant financial strain during an already difficult period.
If your employee were to pass away unexpectedly, their family could lose a vital source of income while also facing immediate final expenses. Group life insurance, often paired with Accidental Death & Dismemberment (AD&D) coverage, provides financial support in the event of death or serious accidental injury, helping ease the burden and offering stability when it’s needed most.
While no one likes to think about these situations, having the right coverage ensures your employees’ families are protected. Life and AD&D insurance give peace of mind, knowing that financial support will be available if the unexpected occurs.
Affordable & Manageable Group Life Insurance Options
BOOK A CALL TODAY
Receive a free quote today and discuss the group life insurance options available to your company with the help of one of our Canadian brokers.
OTHER EMPLOYEE COVERAGE OPTIONS
We also help Canadian employers find the best Health & Dental Benefits, Long and Short-Term Disability, Employee Assistance Programs, Critical Illness Insurance, Accidental Death & Dismemberment, and Group Retirement Plans for their employees. We’ll help you find the right plan with the right budget from the right company for you. We are based in B.C., and currently serve the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario.