Selectpac Eligibility
A Selectpac benefits plan could be just what your small business needs to help attract and retain great employees.
To be eligible for a Selectpac plan, your business:
- Must operate in an eligible industry
- Must contribute at least 25 per cent toward the plan’s cost
- Should be financially stable and in operation for at least two years
- Should have a low rate of employee turnover
- Should have a low number of employees working in high-risk occupations
To be eligible for Selectpac coverage, participants in the plan:
- Must comprise a large percentage of all your employees
- Must work nine out of 12 months, if they are seasonal workers
- Must work a minimum of 24 hours per week, if they are
full-time employees
Some restrictions apply to part-time employees. Please discuss your circumstances with an employee benefits specialist for small groups in your area.
Selectpac plan designs
If your group has three or four plan members, your Selectpac plan must include:
- Employee life insurance
- Accidental death and dismemberment
- At least one of the following:
- Short-term disability
- Long-term disability
- Dentalcare
- Healthcare
If your group has between five and 35 plan members, your Selectpac plan must include:
- Employee life
- At least one of the following:
- Short-term disability
- Long-term disability
- Dentalcare
- Healthcare
Learn more about these and other benefits you can offer your employees with Selectpac.
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