GlobalCAN provides Gold and Silver "CAN" benefits packages for each country where there are local nationals. This includes the local (admitted) carrier that will be used for each line of employee benefits, and the accounting firm that will provide the payroll services. (Please note, GlobalCAN requires our selected payroll provider to be used in each country. Benefits cannot be placed through GlobalCAN when using another payroll provider or accounting firm not associated with GlobalCAN). A benefit package for each country normally includes Life, Disability and Medical/Health. In most countries GlobalCAN also provides retirement plans as an option. GlobalCAN reviews the implementation process on a per country basis and informs the customer about the requirements. For example, in many countries 5 employees or more are required to place a group insurance contract. GlobalCAN can often place groups smaller than 5 in a country, but it may be on an individual insurance basis and may require medical underwriting, including the completion of a medical questionnaire. The customer agrees to implement GlobalCAN for local national needs in selected countries by signing a two year agreement with GlobalCAN. GlobalCAN assigns the customer a dedicated Account Manager in the U.S. A GlobalCAN Account Manager makes sure local insurance lines go into effect and proper eligibility is established. A GlobalCAN local country payroll provider pays local national employees and facilitates payment for the insurance coverage's that are in place.
* Note, countries that have under 5 employees may take longer because of medical questionnaires and individual insurance underwriting protocols.
