CADA 360: Benefits Plan Designed for Car Dealers
The Consulting House is one of the few companies authorized to offer its clients CADA 360, a benefits plan designed and managed specifically by auto dealers for auto dealers.
The Canadian Auto Dealers Association (CADA) provides its members with a group insurance plan designed to meet industry needs. The plan can be customized to suit the unique needs of new car and truck dealers and their employees. With more than 1,750 participating dealers with $170 million of annual premium, the CADA 360 Employee Benefits is the largest and most robust dealer in Canada.
Advantages of CADA 360 include:
- Highly competitive rates from their insurer, Canada Life, provide lower and more stable rates for participating dealers.
- Higher benefit coverage than standard insurance plans, particularly for life and long-term disability insurance;
- Maximum without evidence of $350,000 for life insurance;
- Maximum without evidence of $10,000/month for long-term disability.
- Exclusive to owners who hold 25% or more of dealership shares can maintain their insurance even if they are no longer working for the dealership and can also continue some types of coverage during retirement, including travel insurance.
CADA 360 Authorized Partner
Finding the right plan for your needs is only part of the solution, the broker you choose will be your advisor throughout the process for all your benefits needs. Going beyond the selection of the plan, The Consulting House team will also be with you every step of the way making sure you and your employees are informed and making use of the CADA 360 plan. By working with the Consulting House, you are choosing a team with over 20 years of experience that can help you navigate renewals or any situations that arise.
Chief Financial Officer, Roy Foss Auto Group
About The Consulting House
We are a privately-held consulting firm that is a driving force in the financial services industry. We develop strategies that enhance and maximize the value of our clients’ benefits, pension, retirement, and wealth management programs. We invite you to benefit from our strategies.
Founded in 1985, The Consulting House Inc. is a boutique consulting firm based in Toronto, Ontario. We’re independent, privately held, and dedicated to serving clients across the Greater Toronto area, Ontario, throughout Canada, and the United States. We develop innovative and timely solutions to help meet the needs of our clients. We’re focused on enhancing your group benefits, retirement, wealth management, and insurance solutions.