Common Myths About Group Insurance Debunked

When it comes to group insurance, there are plenty of myths floating around that can make business owners hesitant to explore their options. At Norbram Group Insurance Benefits, we’re here to set the record straight and help businesses across York Region, the GTA, and Barrie see why group insurance is a practical, affordable solution for both employers and employees.

Myth #1: Group Insurance is Too Expensive for Small Businesses

Reality: With pooled group insurance, like the options we offer through Norbram, costs are shared among many businesses, making premiums more stable and affordable. In fact, small businesses often find group insurance more cost-effective than providing individual benefits or salary increases to cover healthcare costs.

Myth #2: Only Large Corporations Can Offer Group Insurance

Reality: The Chambers Plan, a solution available through Norbram, is specifically designed for small and medium-sized businesses in Canada. It’s accessible to even the smallest companies, with plans tailored to your team’s size and needs.

Myth #3: It’s a Complicated Process to Set Up

Reality: At Norbram, we make the setup process simple and straightforward. We guide you through every step, ensuring you understand your options and find the perfect plan for your team.

Myth #4: Employees Don’t Value Group Benefits

Reality: In a competitive job market, employees prioritize workplaces that offer health and dental coverage. By offering group insurance, you’re showing your team that you care about their well-being—something that builds loyalty and trust.

If you’re ready to debunk these myths and explore the benefits of group insurance, let Norbram Group Insurance Benefits help. Contact us today to learn how we can support your business and your team!

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