Welcome to The ALBERTA Construction Industry’s Benefit Plan!

The Alberta Construction Industry’s Benefit Plan (ACIBP) is the premier benefit plan for the construction industry in Alberta features three plan options: the Standard Plan, a complete and comprehensive benefits program; and the Enhanced Plan, which builds on the Standard Plan by offering some higher levels of coverage; and the new Platinum Plan, which further increases coverage in a number of areas.

Unlike traditional insurance plans, the Alberta Construction Industry’s Benefit Plan (ACIBP) uses a simple cost model that is easy to understand and meets our customers’ needs.

ACIBP is simple to administer and saves companies both administration time and money. It’s comprehensive coverage at a low cost.

ACIBP Features
  • Dental care
  • Vision care
  • Life and dependent life insurance
  • Accidental death & dismemberment
  • Long term disability insurance
  • Extended health care
  • Emergency Travel Assistance
  • Employee Assistance Program

ACIBP is the gold standard for benefit plans in the construction industry. Our “Hour Bank” plan has been around for decades and has continually evolved to serve construction employers and their workers.

So, what is an Hour Bank anyway? And why do both employers and workers love it?

Construction isn’t always a linear business, and an Hour Bank helps keep that worker and their family members covered during those off-times. If they work more than 150 hours in a month, they bank the extra hours towards a month when they fall short.

Sometimes there are gaps between projects – a few days, weeks or even months where a worker is waiting to move on to build the next thing. An Hour Bank helps keep that worker covered during those off-times – with no extra administrative burden on the employer. Here’s how:

How CIBP works-01

In July, Chris works 175 hours for a company. ACIBP counts 150 of those hours toward qualifying for that month’s benefits, and “banks” the other 25 for a future month.

How CIBP works-02

In August, Chris works 195 hours. ACIBP counts 150 of those hours toward that month’s benefits, and “banks” the other 45 for a future month. Added to the 25 she “banked” in July, she now has 70 in her “bank”.

How CIBP works-03

In September, Chris’ project wraps early, and she only works 80 hours. Instead of losing her benefits, she draws down her “bank” of 70 extra hours, hits the 150-hour threshold, and she and her family remain covered under her benefit plan, giving Chris the protection and peace of mind she deserves.

How CIBP works-04

In October, Chris works 180 hours, “banking” 30 and starting to rebuild her cushion.


Employees can “bank” a maximum of 900 hours, and every 150 hours equals one month of benefits.


ICBA Alberta Benefit Services Ltd. is a Calgary, Alberta-based Employee Group Benefits firm featuring a team of seasoned professionals with more than 50 years of combined experience in group insurance products, retirement solutions and individual coverage products.

We are Alberta-born and built, working for 30+ years providing an exceptional customer experience and great value as Nexgen Advisory Group until becoming part of ICBA Benefits in 2020. For more than 45 years, the Independent Contractors and Businesses Association (ICBA) has been the voice of B.C.’s construction industry, undertaking public policy research, advocacy initiatives, and provides training focused on the construction sector and responsible resource development.

This power of this new platform stretches across Canada, with more than 3,300 Canadian members and client companies and more than 100,000 Canadians on one of our benefit plans. ICBA is one of the leading third-party providers of group health and retirement benefits in Canada and trains more than 5,000 construction professionals every year.

Our team has been servicing Alberta clients in industries as diverse as manufacturing, oilfield, tech, not-for-profit and construction. Our Alberta Construction Industry’s Benefit Plan (ACIBP) is a proven, winning model for companies looking to offer benefits to their workers.

The DNA of ICBA Benefits is in the construction, building and oil and gas sectors in Western Canada.