Workers' Compensation | Human Resources | Member Benefits | Small Business Association of Michigan

Workers' Compensation

Workers' Compensation Program

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

Enrollment Information

Dividend Program

Participating in the SBAM workers' compensation program not only saves you 5% up front but also pays you back! In 2015, SBAM members earned $43,714 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.
January 2015 Press Release detailing dividend payment

Questions?  Contact SBAM at (800) 362-5461.