The LTD marketplace has experienced higher claims especially in mental health. Two Canadian insurance companies to date, Manulife and Blue Cross, are getting out of the individual market.

​

This coupled with unstable pricing, lower maximums, and the ever-widening gap of the income replacement ratio between earnings and benefit levels has created a greater liability to both the employee and the employer.

​

A simple review of the company’s benefit package will help you as the employer determine what is right for your executives. A solid well thought out plan can solve the gap in coverage.

​

For more information and to speak to a consultant to review you plan and needs, please contact us at M Bacal Group.

​