SBAM member benefit pays out dividend
January 13, 2015
The Small Business Association of Michigan is proud to announce that several members have earned over $29,700 in dividends through the Accident Fund Insurance Company of America workers’ compensation group program.
Congratulations to our members who participate in the program!
Since the Small Business Association of Michigan is a designated group, our members receive 5 percent up-front savings on Accident Fund workers’ compensation insurance rates. Plus, when the group performs well, participating SBAM members are eligible for dividends.
In November 2014, SBAM’s group program was reviewed and it was determined that we earned a 3.0 percent dividend for members that participated in the August 1, 2012 to July 31, 2013 program. The $29,700 in dividends is being paid to nearly 65 participants, so the average dividend to participating members is over $455. The group will be reviewed again this same time next year for another possible dividend distribution.
Accident Fund Insurance Company of America is a member of Accident Fund Holdings, Inc. All policies are underwritten by a licensed insurer subsidiary of Accident Fund Holdings. *Licensing per state varies by subsidiary. For more information regarding our group programs, visit our website: http://www.accidentfund.com/accident-fund-services/group-programs/.
To join the Accident Fund groups program through SBAM, contact the Small Business Association of Michigan for an Accident Fund Insurance Company of America agent in your area, or find an agent at: http://www.accidentfund.com/accident-fund-services/group-programs/.
Please note: You must be a Premium member in good standing to participate in this program.