Life Insurance, Group Benefits and Wealth Management

Edwards Colwill, in partnership with our sister company Clear Path, offers a complete suite of Life Insurance, Group Benefits and Wealth Management solutions to meet your needs.

Our Approach

We create a comfortable environment to help educate our clients so they understand the impact and effect that all of their financial decisions will have, now and in their future. We believe if clients are aware of the challenges that we all face, it will add also to their peace of mind.

We can discuss the merits of many different life insurance products and determine which product is the best fit for you.

Group Benefits

Edwards Colwill, in partnership with our sister company Clear Path, design customized plans to ensure that each client meets their corporate Group Benefits objectives.

Plan Design Consulting

is critical to the ongoing viability of a Group Benefits Plan. We offer cost-effective and creative solutions to specific employee needs. The Edwards Colwill Team reviews the features of your current plan if there is one in place, the options available in the marketplace, and a qualification of cost containment options available to your group program and employees.

Projection of Future Benefit Costs

allows you to take a proactive approach to future planning and ensures the ongoing success of your Group Benefits Plan. We provide a detailed analysis of your claim's situation and what is driving your costs including inflation, utilization, new legislative and/or regulatory changes made to provincial plans.

Coordination with Provincial Plans

ensures that your Group Benefits Plan is not paying for the portion of drug costs that should be paid by a provincial drug program. Group Benefits Drug Plans are designed to supplement government drug programs and will pay for many of the drugs not covered under the government programs.

Claims Experience Reporting

to review and analyze your Group Benefits Plan's claims experience quarterly. This keeps you up to date on the financial status of your plan and informs you of any trends that may adversely affect your renewal rates.

Annual Renewal Reviews

ensure that you are obtaining the best value at renewal by evaluating the financial position of the plan and the renewal projections.

Market Review

studies your current plan design, rates, and premiums to ensure that your Group Benefits Plan meet your needs. We prepare specifications to be sent to appropriate insurance carriers, provide a formal report summarizing the carrier's results with both quantitative and qualitative results.

Risk Management

identifies and controls risks from a variety of sources including cost risk, liability risk, task risk, and performance risk. We provide risk reviews, analysis, and recommendations so that you enjoy the maximum value for the money that you have invested in your Group Benefits Plan.

Underwriting Review

assesses and evaluates medical, non-medical, and financial risks, monitoring both the financial operations of the plan and the benefit contract.

Employee Communication

educates employees on the group benefit plan and the costs, provides orientation, employee meetings, on-going communication of benefits to employees, and special communications as needed.

Edwards Colwill took the time to understand our industry and business model. They continue to bring forward strategies to address our concerns regarding exposure to risk. Brian and his team demonstrate the true meaning of customer service and have the qualities I look for in a business relationship, trust, integrity and a timely response to insurance queries.

Karen Dmyterko Controller

JEBCO Industries Inc.