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Group Insurance

When you're in the market for insurance, it's important to find the right coverage and pricing to fit your specific needs. The first step in this process is to request a quote from Wave Insurance. By filling out a request for a quote form, you can provide us with the information we need to provide you with a personalized estimate for the cost of coverage. This can help you compare different insurance options and choose the one that best fits your needs and budget.




Group insurance is a type of insurance policy that provides coverage to a group of individuals, typically employees of a company or members of an organization. In Ontario, group insurance is an important benefit that many employers offer as part of their employee compensation package.

Group insurance policies in Ontario can provide coverage for a variety of benefits, including:

  1. Health insurance - this can include coverage for medical expenses, prescription drugs, dental care, and vision care.

  2. Life insurance - this provides a death benefit to the beneficiary of the policy in the event of the insured's death.

  3. Disability insurance - this provides income replacement in the event that an employee is unable to work due to a disability.

  4. Critical illness insurance - this provides a lump sum payment to the insured in the event that they are diagnosed with a covered critical illness, such as cancer or heart disease.

  5. Accidental death and dismemberment insurance - this provides a benefit in the event that an employee dies or suffers a serious injury as a result of an accident.

Group insurance policies are typically less expensive than individual insurance policies because the risk is spread out among the group. In addition, group insurance policies often provide coverage for pre-existing conditions, which can be a significant benefit for employees who may have difficulty obtaining individual coverage.

Employers in Ontario can work with insurance providers to customize a group insurance policy that meets the needs of their employees. This can include selecting specific benefits and coverage levels, as well as determining the cost-sharing arrangement between the employer and employees.

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