WSIB alternatives in Ontario

Houston, we have a problem!

And the problem for the self-employed and contracted workers in Ontario are the hefty fees that WSIB is charging.

The problem with WSIB is not only  the high rates, but the fact that it covers workplace related incidents – nothing off the job!

What happens when you become disabled at home, or in your car, or anywhere else for that matter?

 The short answer – WSIB will not cover you.

I recently discussed this coverage with a gentleman that was quoted the rate by WSIB at 8.7% of his gross wage. His premium was going to be well over $800 per month just to be able to work! But what if the company you work for has “contracted” you and you cannot seem to convince WSIB to insure you? Are you then effectively unable to produce an income?

No matter what your health, there are companies that we can insure you with that are far superior to WSIB, and the odds of being declined for the accident coverage portion is almost non-existent.

This means no expensive “consultation” with experts and lawyers to appeal your WSIB ruling is required!

We looked at an alternative, well-rounded personal disability plan that covers disability on or off the job, and includes sickness, and the premium was $111 per month – a savings of almost $700.

If WSIB is able to mandate all self-employed workers to have this high-priced cash grab by 2012 there are going to be many angry self-employed families.

It is bad enough the government taxes us in several ways already, but the WSIB premiums may make the other taxes pale in comparison.

I will be working with several others to lobby against this, and I urge you to do the same. Let me know you are unhappy about the WSIB’s plans, and let’s form an alliance to combat this cash-grab.

The bottom line is that the insurance industry has plenty to offer, that makes the offering from WSIB non-competitive indeed.

Please contact me for a review of your disability needs at 1 866 856 6799, extension 201. Located in the GTA, we can personally look after you with old fashioned, face to face service!

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Benefit plans ABC, 123 – Sesame Street style (Ontario & Alberta, Canada 1.866.856.6799)

Why does insurance advice have to be technical and complicated?

Confused yet over your benefit plan choices? Well if you are not, then chances are you haven’t looked long enough. Keep going, and you will be really confused in a short time.

Why do I call this article Benefit Plans Sesame Street Style?

Because we need to get back to basics the more confusing an issue gets. Cut down a few trees to see what we have in front of us. The basic ABC’s and 123’s please!

Okay, here goes the logic behind my approach…..

You call for a benefit plan to ensure you are okay in the event of an illness. Because, after all, who will cover those expensive medical drugs right?

Question: How did you get to a point that you need expensive drugs?

Did you get cancer or have a heart attack or stroke that led to those drug costs?

Yes?

Okay, so were you working before? Are you working now? What if you cannot work?

If you cannot work, would you produce an income to pay the bills? The bills, including any premium for the drug plan you called for! Any bill for that matter?

So, priority number one is covering off the income problem, because without income, forget the drug problem, it pales in comparison.

And, this explains why if you are working for a large company they offer life and disability, medical, and dental, right?

The bottom line is that if you are looking for a benefit plan, you should first be looking to cover off the income need – that is, you need to ensure income or it’s game over. Then, the gravy is how you will look at the drugs and dental expenses.

And, if you are in Ontario, should drugs become a huge issue, there is also the Trillium Drug plan to help.

The United States is looking to move to a system (jury out) that is similar to Canada. Their problems are far greater than ours, as a simple pregnancy can be costly.

Which would be worse: the doc telling you you need a prescription or that you cannot work and earn your paycheque?

We have the luxury of having basic medical care in Ontario, Alberta, and Canada that is far superior to the issues facing Americans, and I hate to say it, we have income problems more than medical plan problems.

It really becomes a question of ensuring your lifestyle is not affected with illness or injury, or other medical issue. After that, it is a need to cover off inevitable expenses as cost-effectively as possible.

And that’s the ABC and 123 of that!

We are here to help – 1.866.856.6799

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In Ontario and Alberta, Canada……………Call 1-866-856-6799

If you are blindly shopping for benefits and are willing to assume all plans are great and cost-effective, you probably shouldn’t talk with us. But, if you are wondering if a benefit plan would be a wise choice for your hard-earned money, then you have come to the right place.

As a broker, I have done the math, and we need to have a discussion about benefit priorities. 

Find out why we are willing to lose a sale to give you the best advice – for you!

You just might leave this site and look to buy these benefits online, and in doing so it may take a while to come to a conclusion that you won’t like. Don’t do anything before you discuss the truth about benefit plans with us.

We are experienced benefit brokers that want to ensure that your money is not thrown away on unnecessary benefit plans that may not pay you anywhere near what you put into them. The truth is, individual benefit plans can be no where near as cost-effective as large company group plans, and this is often what people expect.

Before you leave us, please call us. Let us give you advice you may not get anywhere else, but you will know it  will makes sense. We want you to “do the math” and only once you do some thinking should you make the decision to spend your money.

Are you really thinking of outlaying $100, 200, or $300 per month without consideration of the facts?  A two minute phone call may save you thousands of dollars. We urge you to get  the advice that may help you save a good portion of that hard-earned money?

If you are looking to buy benefits, then you must think that you will come out ahead – that is, the insurance company will pay you more than you will pay them, but is it the truth? It may be possible, but how likely?

Are you healthy? Is your family healthy?

We urge you to pick up the phone and call us locally for some free advice. I am willing to bet it may just be the most important call you make in your goal to look for a great benefit “plan”:

Straight talk on benefits that may save you a lot of money and grief!!

Call us today: Nanette at extension 204, and Craig at extension 201.

Thank you, and looking forward to speaking with you!

Craig Ferguson

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