Product Trends

GROUP

HALEO Clinic Partners with Green Shield Canada to Provide Employers its Market-leading Sleep Solutions. Press release, September 26, 2022.

Employees meet virtually with a healthcare professional to complete one of HALEO’s innovative programs tailored to their needs. Some of the programs include insomnia, shiftwork, nightmares, and sleep optimization.

Nuula Releases Term Life Insurance for Small Business Qwners, Entrepreneurs in Canada. Newswire, August 4, 2022.

Starting today, Nuula users will be able to sign up for Term Life Insurance from RBC Life Insurance Company through Walnut in all provinces in Canada except Quebec and New Brunswick. The term life insurance provides Canadian small business owners and entrepreneurs with coverage up to $1MM starting at just $10/month.

Empire Life Adds Grief Counselling Service to its Expat Benefits. Press release, July 28, 2022.

Empire Life added a Grief Counselling Service to its Voyageur Global Benefits (VGB) life plans in August. This service will provide professional counselling to globally mobile employees who are experiencing personal challenges. This service can also help with their financial and legal needs.

Benecaid and Green Shield Canada Launch Honeybee Select, an Innovative Benefits Alternative for Small Businesses. Press release, July 27, 2022.

Honeybee Select is designed for small businesses with 25 employees and under. Core benefits include health, dental, travel, and mental health coverage by Inkblot Therapy. The platform is available in English and French.

Lumino Health Virtual Care EAP Service Now Available to Sun Life Group Benefits Clients. Canada Newswire, July 4, 2022.

The new EAP platform is being launched on Lumino Health Virtual Care. The service is available 24/7 and provides support in a range of areas including stress and wellness, work and career, legal and financial, and family and relationships. Members will have access to online cognitive behavioural therapy (iCBT). The program offers a series of interactive, self-care toolkits.

AXA Hong Kong and HSBC Jointly Launch HelperShield Insurance. PRAsia, September 15, 2022.

HelperShield Insurance offers comprehensive protection to both employers and their domestic helpers. The plan offers coverage up to HKD300 per visit per day for foreign domestic helpers. It offers 24-hour home assistance service hotline.

SALAMA and Bayzat Join Forces to Offer Health Takaful Solution to SMEs. Middle East Insurance Review, August 1, 2022.

Islamic Arab Insurance Company (SALAMA) has teamed up with Bayzat, a UAE-based company offering an all-in-one HR, payroll, and employee benefits platform, to provide exclusive health takaful solutions to SMEs in the UAE. Under this partnership a Group Takaful health solution will be launched exclusively for Bayzat’s SMEs.

Transamerica Updated its Supplemental Transamerica Accident Insurance and Transamerica Critical Illness Insurance policies. Yahoo Finance, June 27, 2022.

Transamerica Accident Insurance is a highly flexible policy that pays the insured a benefit to help cover unexpected medical costs. New benefits include Acupuncture or chiropractic benefits, mental health benefits and observation benefits. Transamerica Critical Illness Insurance is a flexible option that pays a lump-sum benefit that can be used to offset costs not covered by major medical insurance. Some of the new benefits include benefits for COVID-19 treatment, child benefits, second opinion and no waiting periods on recurring conditions.