CT Insurance Brokers Inc. Announces Partnership with Chambers Plan for Small Business Employee Benefits Packages

TORONTO, March 21, 2018 /CNW/ - CT Insurance Brokers Inc., a full-service employee benefits brokerage, providing stable employee benefits solutions to small businesses, has now partnered with the Chambers Plan as one of the exclusive advisors in Scarborough, Ontario. This unique benefits plan focuses on offering a stable, flexible, simple and smart solution to small businesses in Scarborough.

The Chambers Plan offers the perfect employee benefits Plan for small businesses of 1 to 50 employees. The Chambers Plan provides an alternative for employers who are interested in providing employee benefits for the first time as well as employers who are not satisfied with their current benefits plan which may offer little to no rate stability, and limited value.

Most of us are familiar with the concept of renting or owning a home. But did you know that you can "rent" or "own" your employee benefits plan? With most insurance companies, you're renting; you pay a certain amount in premiums per month, and at the end of the year if you paid more in premiums than you spent in benefits, surpluses remain with the insurance company. However, with the Chambers Plan you own your benefits; any surpluses in the Plan at the end of the year go back into the Plan to help keep your rates down, and keep your money working for you.

The Chambers Plan is run on a not-for-profit basis and premiums are set to cover the cost of the Plan's benefits and the administration. In addition to putting any surpluses back into the Plan, the Chambers Plan is customizable. You can choose from a wide variety of benefits options such as: health, prescription drugs, dental, life insurance, critical illness, long term disability and more.

The Chambers Plan also includes the option of adding a Health Spending Account ("HSA") for those employers who want to offer additional coverage with added flexibility for employees. With an HSA, employees can choose how to spend their benefits dollars based on their own health care and dental needs.

The Chambers Plan has no industry or family content restrictions. If you are a home based small business, solo entrepreneur, self employed contract worker, sole proprietor or a larger firm, you are eligible.

About CT Insurance Brokers Inc.

CT Insurance Brokers Inc. has been providing employee benefits packages for small businesses in Ontario, Canada for a decade.

The Company's unique product offerings and experience help small businesses take control over their employee benefits cost with no sacrifice to customer service and experience. As independent, fully licensed and insured insurance brokers, the Company provides non-biased advice and options.

SOURCE CT Insurance Brokers Inc.

Christopher Tanner, GBA, President and Chief Executive Officer, [phone], Email: [email protected], Website: https://ctinsurancebrokers.ca