Accident Fund Grants $6.9 Million in Dividend Funds to Staff’ Compensation Insurance coverage Group Policyholders Since Early 2020

LANSING, me., May 26, 2021 / PRNewswire / – Accident Fund Insurance Company of America, a leading provider of employee compensation insurance in the United States, has paid $ 6.9 million Dividends to members of the group program, which includes chambers of commerce, associations, hospitality and other groups that have achieved targeted safety results in 2020 and 2021. The group’s dividend payments reached more than 11,000 members with an average dividend yield of nearly six percent time, reflecting their commitment to workplace safety.

The Accident Fund’s first group dividend program began in the year Michigan To date, the company has more than paid for it $ 70.5 million in group dividends to its policyholders.

“The Accident Fund has a long history of providing business owners with benefits through our group dividend program,” he said Steve Cooper, President of the Workers’ Compensation Division of the AF Group. “Over the past year many of our small business policyholders have faced significant financial challenges, and our dividend payments to the group have taken the strain off us significantly. Our program continues to offer participants a variety of cost savings, security and other benefits, and we’re extremely proud of the possibility of a further partnership. “

The accident fund was approved last August $ 3.5 million on early dividend payments to chambers of commerce, associations, hospitality and other groups that have achieved targeted safety results in 2020. Group early dividend payments reached more than 4,700 employee indemnity insurance group policyholders, helping valued customers navigate difficult times.

Accident Fund Group Program customers receive a number of exclusive benefits including:

• Five percent savings on employee compensation *
• Possibility of dividend payments based on loss history
• No minimum bonus to qualify
• Convenient billing options
• Access to extensive workspace safety resources through the Accident Fund’s online resource library

For more information on the Group Dividend Program, please contact Laura Hall, Sr. Group & Association Specialist, at [email protected].

* Not available in all states.

About the Accident Fund Insurance Company of America
The Accident Fund Insurance Company of America is a member of the AF Group. Insurance policies can be issued by any of the following companies within the AF Group: the Casualty Insurance Company of America, National Casualty Fund Insurance Company, General Casualty Fund Insurance Company, United Wisconsin Insurance Company, Third Coast Insurance Company, or CompWest Insurance Company.

Contact:
Bob Lapinski
(312) 443-9819 or (517) 331-4890
[email protected]
AFGroup.com

SOURCE Accident Fund and AF Group

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