Workers' Compensation

Saves you money upfront and then pays you back for being safe. 

  • 5% upfront savings on your workers compensation premium
  • Opportunity for dividend payments based on group's loss history and written premium
  • Online access to Accident Fund's Loss Prevention Toolbox
  • No minimum premium to qualify
  • Convenient billing options
  • Easy claims online reporting
  • Normal underwriting guidelines apply

If you are a small business interested in the SBAM sponsored Accident Fund coverage, please contact us at (800) 362-5461.

Dividend Program

Participating in the SBAM workers' compensation program not only saves you 5% up front but also pays you back! Last year, SBAM members earned $72,300 in dividend payments.

  • The program can be entered with new business or at time of renewal.
  • No ‘common’ policy effective date is required.
  • Policies are assigned into annual program terms according to their effective date.
  • Dividends are calculated 15 months after the expiration of the expiration of the program term and require approval by Accident Fund's Board of Director's. Therefore, dividends can never be guaranteed.