Extended Health and Dental Plans
Basically there are four types;
1. Individual plans with extended health and dental benefits coverage.
2. Private health services plan, suitable for corporations or small business. This plan reduces your taxable income by converting all out of pocket medical and dental expenses into a deduction for the corporation or small business.
3. Group plans. If there are 2 or more employees we can look at packaging health, dental, life insurance, accidental death and short and long term disability.
4. Association Plans. If you are part of a non-profit or Association there are group plans available for you.
The need for having extended benefits will vary from person to person.