What’s an open enrolment?
An Open enrolment is a 30-day window in which the insurance carrier is allowing all franchisees and employees that meet the eligibility requirements to enrol in the program with in that period with no medical evidence or questions required.
Deadline to register - July 15, 2019
ADVANTAGES OF EMPLOYEE GROUP INSURANCE BENEFITS
Employee benefits have become an attractive part of total compensation to employees in today’s work place. The rising costs of drugs and health related expenses can be financially devastating to employees and their families. SFL wants to take care of their family and make sure they offer quality & affordable Health Insurance Benefits.
Being an employer of choice, means that you offer a great place to work and more. Small businesses can also compete with larger compagnies by offering employees benefits such as health, dental, disability insurance at a fraction of the cost of individual coverage.
Plus, no medical evidence or medical questions required.
Benefit summary
Click on each tab below to learn more about each benefits.
Q & A | Frequently Ask questions
Bringing value to our Franchisees
Simply for Life has put together a group program for its franchisees to take advantage of buying benefits as part of a larger group. And getting better rates!
Learn MoreWhy you should enrol in a group benefits plan?
The main reason to enrol in a benefits plan is that our future health is unknown. Taking part in a group benefits plan from the onset of an open enrolment ensures that you will have coverage with no medical questions regardless of your current health conditions.
Learn MoreWho’s eligible to participate?
All franchisee.
Is employee participation mandatory or optional?
If your franchise offers benefits, the participation is mandatory for all employees working 20+ hours per week.
Coverage can be waived for health and dental only when you have other coverage in place through a spouse, with a proof of coverage.
Life, AD&D, dependent life (where applicable) and long-term disability are mandatory as an employee of your Simply for Life's franchises.
Speak to our Consultant to get more informationWhat if you, as a Franchisee you don’t enrol in the plan during the open enrolment?
The franchisee who doesn’t enrol in the plan during open enrolment becomes a late applicant. A late applicant would need to have all its employees complete satisfactory medical evidence in order to be eligible for the plan at a later date.
An employee and/or dependent are not guaranteed to be approved at a later date. If late applicant is denied coverage, they will not be eligible for benefits throughout their duration of employment with Simply for Life and under the current Group Benefits.
LEARN MOREWhat are the premiums?
Here are some examples, for different salary options, for different salary thresholds, per pay period:
Need more details?
We are here to provide you with all the details and answer your questions.
We are looking forward in connecting with you.
Get in touch
Discuss your option
We have a team of consultants ready to assist you in discussing all the options available to you as a Franchisees and your team.
CONTACT US
