Ask an expertA look at issuing an ROE for pay period changes, transferring payments to an RRSPBy Annie Chong10/01/2014|Canadian Payroll Reporter|Last Updated: 09/30/2014 Question: We provide our employees with a group plan for critical illness insurance. We pay the premiums for the plan. Is this a taxable benefit to the employees? Answer: Employer-paid premiums for group critical illness insurance plans are a taxable benefit to the employees if the plans’ benefits are paid as a lump sum or if the benefits are not related to a loss of employment income. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.