One of the main “benefits of benefits” that I suggest to SmallBiz Owners is that providing a benefits program to your employees will help improve productivity. One of the ways that employees’ productivity is affected is by them stressing over financial shortcomings that are caused by not being able to afford medical and/or dental products/services that would make them whole.
One of those products is Travel Insurance. Let’s take a look at how Travel Insurance helped out an Employee…me!
I was certainly happy that the company I worked for a number of years ago offered their employees a benefits plan that included Travel Insurance. My family and I were visiting family in New York City and we were staying at one of wife’s cousins’ place. It was my turn to give our oldest boy, who was around 2 years old at the time, a bath but I didn’t realize that the water coming out of the bath faucet was practically scalding hot. So unfortunately I ended up burning my son’s leg with the bath water and we ended up at Emergency at a local hospital.
Once we got to the Hospital, I presented my Travel Insurance card and the Administration person connected with the Travel Insurance Provider by calling the 1-800 number. While we still had to fill out all the necessary forms and go through a pretty intense questioning session to determine if my wife and I actually burned our son on purpose, we did not have to pay anything at all!
So when we got home and I went back to work, I could carry on with fulfilling my responsibilities to my employer without having to worry about paying for an unexpected American hospital bill that ended up being a couple thousand dollars…all because my employer had a benefits plan that included Travel Insurance!
Located in Cambridge, ON Sharkey Group Insurance provides independent Employee Benefits advice & counsel for Small Businesses across Ontario.