Group Benefits
Offering a strong group benefits plan isn’t just about coverage—it’s about creating a workplace where people feel valued and supported. At Dowco Financial, we help business owners design and manage customized benefits programs that promote employee wellness, protect financial security, and align with your company’s culture and goals.
Whether you’re a small business or a growing team, we’ll work with you to build the right mix of benefits for your employees and their families.
Life Insurance
Group life insurance provides your employees’ loved ones with financial protection in the event of their death. You can choose flat amounts or earnings-based coverage, with optional additional coverage available for employees and their dependents.
Accidental Death & Dismemberment
AD&D coverage offers financial support in the event of a severe accidental injury or death. This benefit ensures employees and their families are protected during unexpected events that result in loss of life, limb, or function.
Dependent Life Insurance
Dependent life insurance offers a modest payout to help employees cover funeral expenses and associated costs following the death of a spouse or child. It’s a thoughtful way to provide extra support during a difficult time.
Short-Term Disability
Short-term disability coverage ensures employees continue to receive income if they are temporarily unable to work due to illness or injury. This benefit supports financial stability during recovery and helps ease the transition back to work.
Long-Term Disability
Long term disability protects employees who are unable to work for an extended period due to illness or injury. It offers ongoing income replacement so employees can focus on their health without worrying about their finances.
Extended Health Benefits
Extended health coverage goes beyond provincial health plans to help with prescription drugs, paramedical services (like massage therapy or physiotherapy), vision care, emergency travel insurance, and more, keeping employees healthier, longer.
Dental Benefits
Dental coverage encourages preventive care and helps offset the cost of procedures like cleanings, fillings, extractions, and major dental work. You can choose from basic, major, and orthodontic options to suit your team’s needs.
Optional Coverage
Critical Illness Insurance
This benefit provides a lump-sum payment if an employee is diagnosed with a serious illness such as cancer, heart attack, or stroke. It helps cover costs like medical treatments, travel, or time away from work while focusing on recovery.
Health Spending Account
An HSA offers flexibility by giving employees a set allowance to spend on eligible medical and dental expenses. It’s a tax-effective way to enhance traditional coverage or offer personalized benefits without committing to a fully insured plan.
Lifestyle Spending Account
An LSA promotes total wellbeing by reimbursing employees for non-medical health and wellness expenses—like gym memberships, nutrition programs, or mental health apps. It’s a modern benefit designed to support physical, emotional, and financial wellness.
A customized group benefits plan not only helps attract and retain talent—it demonstrates your commitment to your team’s wellbeing. At Dowco Financial, we’ll help you navigate your options, manage your costs, and keep your plan running smoothly.