Morneau Shepell creates insurance marketplace for retirees

Benefits consulting firm Morneau Shepell has launched an online marketplace which will allow retiring employees to choose from a variety of medical, travel, dental, and life insurance plans. Morneau Shepell's new web site offers benefits packages that are designed specifically for retirees. It allows retirees to compare products between multiple providers to find the right coverage. It offers guaranteed-issue medical, dental, and travel coverage and it also allows employers to pay funds into the marketplace, which their employees can then use to purchase products. The insurance is issued by companies such as Great-West Life, Green Shield Canada, Medavie Blue Cross, and Pacific Blue Cross.

Read more on Insurance and Investment Journal.