9 Tips on How to Select a Benefits Broker

9 Tips on How to Select a Benefits Broker

Finding the right employee insurance plans for your business requires a good benefits broker. This article aims to help you find the best insurance broker for your business, whether you’re looking for some new quotes during a renewal period or you need to set up employee benefits for the first time.

Table of Contents

What Is an Employee Benefits Broker?

A benefits broker is not an insurance provider. Instead, brokers help employers find employee benefit plans and compare quotes from their partner insurance companies. The role of a benefits broker often involves:

  • Supplying quotes for employee health insurance and supporting coverage plans
  • Analyzing current plans to determine whether or not they meet employee needs
  • Builds a holistic and customized plan specifically tailored to meet the needs of your staff
  • Analyzing company finances and objectives to provide the ideal benefits plan
  • Solving conflicts between the employer and the insurance provider

To find an effective broker, you must consider how each potential service handles these responsibilities. You need a broker that provides affordable plans and comprehensive support.

Choosing the Right Benefits Broker

When you trust an external company with your employee health insurance, choosing the right broker for your business is essential. Keep the following nine tips in mind to find the ideal broker for you:

1. Consider Your Company

2. Check Broker Certifications

3. Consider Employee Needs

4. Consider Other Company Needs

5. Compare Brokers

6. Prioritize Comprehensive Coverage

7. Analyze Communication

8. Ask the Right Questions

9. Ask Other Employers


Group Enroll: A Trusted Benefits Broker

We hope you’ll consider Group Enroll for your small business health and employee insurance needs. We are an experienced benefits broker who can match you with the perfect group plan to fit your needs and goals. We partner with major insurance companies in Canada like Sun Life Financial, Manulife Financial, and Green Shield Canada to provide plenty of plan options. 

Request quotes from our insurance partners today by filling out this convenient online form, or email us at hello@groupenroll.ca. We’ll help you compare providers to find the best customized plan for your group employee benefits. Group Enroll is based out of 10 Great Gulf Drive, Unit 5 in Vaughan, ON L4K 5W1.