Modern Group Benefits
for Canadian Businesses
- Affordable Rates
- Flexible Plan Designs
- Simplified Management
- Performance Transparency
Review Your Options with a Benefit Specialist
Best suited for: Small & Medium-Sized Businesses that prioritize simplicity and budget predictability.
Best suited for: Large businesses or stable workforces, with the financial resources to manage claims variability
Best suited for: Medium - Large Businesses looking for a blend of cost control flexibility, and manageable risk.
Best suited for: Small Sized Businesses looking for a cost-effective benefits solution
Best Suited for: strengthening your benefits package and supporting the long-term security of your employees.
Access to Canada's
top insurance carrier
What Our Clients Are Saying
I’ve been working with Tyler and his team for the last few years, and I’ve never felt more confident about my financial future. Tyler’s consistent communication and the time he takes to explain everything have been invaluable. Over the years, he’s kept me informed about new market options and provided deep insights into the pros and cons, ensuring I have confidence in the direction we decide to move in. I could not recommend the Kropman Group more highly!!
My experience with the Kropman Group spans several years, during which I’ve had the pleasure of working with Tyler, an agent whose expertise and professionalism are truly exceptional. What began as modest investments has evolved into a comprehensive insurance portfolio. I wholeheartedly endorse this agency for their genuine approach and commitment to integrity, rather than a mere focus on sales.
I’m thrilled with the help I’ve gotten from Kropman Group! They’ve turned what used to be a confusing mess into a clear and manageable plan. From day one, they’ve been super friendly and took the time to understand what I needed. What’s been awesome is how my advisor, Tyler, explains things in a way that makes sense without all the financial jargon. They’re always ready to answer my questions and never make me feel rushed. I finally feel like I’ve got a solid handle on my finances and a plan that really works for me. Highly recommend!
It’s a pleasure to leave this review for Tyler. He has been helpful, patient, knowledgable and most of all, honest with every aspect of business we conduct together. Tyler will no doubt be assisting our family for years to come. Highly recommended in all aspects. Thank you again Tyler.
Tyler is the real deal. He knows the ins and outs of the Group Benefits business like no other professional in the financial services space that I’ve ever met.
If you’re a business looking to add Group Benefits to your comp package, do yourself a favour and connect with Kropman Group. You won’t be disappointed.
I have been working with Tyler 5 years , very professional & knowledgeable
Looking forward to working with him for a very long term
Thank you Tyler and his team for all the support
Why Kropman Group?
“We’re glad you asked! In today’s fast-paced work environment, which has drastically shifted since the pandemic, many companies feel their health plans are outdated and costly. With a clear understanding that no two Canadian businesses are alike, we tailor solutions to fit your unique needs.
Our goal is to design flexible group benefit plans that fit your budget while truly enhancing your employees’ well-being.
In just minutes, you’ll receive valuable insight to quickly identify the most accommodating plan for your team at the lowest rates. Our process is designed to be smooth and hassle-free.
By minimizing the cost and time involved in managing benefits, we enable you to focus on what really matters — growing your business.
Questions on Your Mind?
Looking for same-day answers? Email us or schedule a call with one of our benefits specialists.
The Specialist Difference.
| Kropman Group | Financial Advisors | ||
|---|---|---|---|
| Flexible Plan Options | |||
| Flexible Plan Options | |||
| Access to All Carriers | |||
| Access to All Carriers | |||
| Dedicated Admin Support | |||
| Dedicated Admin Support | |||
| Plan Transparency | |||
| Plan Transparency | |||
| Quarterly Performance Report | |||
| Quarterly Performance Report | |||
| Proactive Cost Management | |||
| Proactive Cost Management | |||
| Up to 60-Month Premium Forecast | |||
| Up to 60-Month Premium Forecast | |||
| Benchmark Report | |||
| Free Benchmark Report | |||
Compare Your Plan to Industry Standards
In just minutes, discover how your benefits plan stacks up against your competitors based on employee headcount and province.
What's the Cost of Offering
Group Health Insurance?
“There are varying factors that affect the overall cost of your group plan, like plan design, your industry, total headcount of employees enrolled, and the level of coverage chosen. On average, costs range between $50 to $350 per month per employee, though this can vary depending on the types of benefits included and the degree of employer contributions to the plan.
Checklist for setting up your group benefits plan
Setting up a group health insurance plan for your employees is an important part of supporting their health and well-being. To get started, we’ll need to gather some basic employee details, such as names, dependent information, and specifics about the coverage you’re considering. The pricing of your plan will be customized and influenced by various factors, tailored to your unique business needs.
For an accurate quote, insurance providers will typically need to know:
- Are they currently absent or on maternity leave?
- Are they covered by workers' compensation?
- Do they work outside of Canada?
- Province of residence
- Date of birth
- Sex
- Family status
- Number of dependents
- Job title
- Date of employment
- Plan type (basic, standard, or enhanced)
- Is vision care included?
- Is dental care included?
- Deductible level
- Will benefits differ by employee type?
- Industry Type
- Have You Had Insurance Before?
- Associated with a Group or Union?
Providing an accurate quote depends on various factors, including location, plan type, business category, and more. Click here to receive your personalized quote.
FAQ
What are group benefits?
Group benefits are insurance plans employers offer to cover employees’ health and wellness needs, including medical, dental, and vision care.
What is covered under group benefits?
Coverage typically includes prescription drugs, hospital visits, dental care, vision care, and sometimes wellness services like physiotherapy or mental health support.
How much do group benefits cost?
Costs vary, but companies generally cover some or all premiums, with employees often contributing through payroll deductions.
How can I enroll in my company's group benefits plan?
Enrollment typically occurs during onboarding or open enrollment periods, with HR providing the necessary forms and details.
What types of group benefits are typically offered?
Standard offerings include health, dental, vision, disability, life insurance, and wellness programs like gym memberships.
What is a Group RRSP?
A Group RRSP is a retirement savings plan sponsored by an employer, allowing both employer and employee contributions.
How does a Group RRSP work?
Employees contribute via payroll deductions, often with employers matching up to a specific limit.
What are the benefits of a Group RRSP?
Benefits include tax savings, employer matching, and automatic savings to help employees prepare for retirement.
How is a Group RRSP different from an individual RRSP?
The employer manages a Group RRSP and may include matching contributions, while the employee fully controls an individual RRSP.
What happens to my Group RRSP if I leave my job?
You keep your RRSP savings, but employer contributions may have vesting rules. You can transfer your RRSP to another plan or leave it as is.