Details of AMERIND
July 23, 2021
There are many considerations when it comes to protecting property, employees, and liability risks, especially since it is not a single risk model. It is crucial to work with a trusted broker on the most important risks in order to develop an insurance program for those risks. Property, liability, and labor compensation policies should be uniquely designed to protect tribal assets while respecting cultural preferences. A Tribal Workers’ Compensation (TWC) program should be selected without sacrificing the ability to determine its coverage level. Entities can avoid the fraud and abuse widespread in government systems through a sovereign TWC program. There are several workers’ compensation insurance carriers serving the Indian country so your broker should offer several options to ensure you don’t overpay. It is a best practice to get a new quote every year. With the upcoming October 1st extension period, it’s worth comparing your insurance premiums and saving.
AMERIND’s compensation program for tribal workersIND
AMERIND’s Tribal Worker’s Compensation product is an alternative to government programs and enables tribal units to take full control of their worker compensation program. The AMERIND Worker’s Compensation program maintains the sovereignty of the tribe and is tailored to offer maximum effectiveness while reducing overall damage costs. The product is tailor-made, inexpensive and reliable. Insurance through AMERIND makes compliance with state laws superfluous. Similar to government employee compensation programs, benefits include medical expenses, lost wages, death benefits, and disability benefits. AMERIND offers online access to real-time claims information, an experienced claims team with expertise, deductible and self-insured deductible (SIR) options.
Making good decisions for the Indian country
Dan Kain, executive director of the Puyallup Tribe, said he knew from his first meeting that he shared values with AMERIND. “The tribe acquired AMERIND over a decade ago because of AMERIND’s ability to provide the best coverage and tariffs, and most importantly, its ability to protect the tribe and its assets,” said Kain. “From a cost perspective, AMERIND is very competitive compared to larger insurance companies. A policy costs less than a competitor, which makes it easy to choose, ”he continued. “AMERIND serves a niche market – tribal governments and corporations. Tribes Protecting Tribes – that is a motto that describes them well because they are so involved in Indian land. You always approach our discussions with the attitude that we are all involved together. You want to check your needs and then make good decisions. ”
AMERIND is your 100% tribal-owned and trusted insurance partner
As an AM Best A- (Excellent) rated company, AMERIND offers a comprehensive range of affordable insurance products tailored to the needs of the Indian country. Founded in 1986 as an act of unity by more than 400 tribes, AMERIND is the only 100 percent tribal-owned insurance provider. New Mexico-based AMERIND has saved Tribes millions of dollars – while strengthening Native American communities and economies and increasing tribal sovereignty. AMERIND also provides access to employee benefits and strategic planning for broadband delivery by tribal governments and commercial enterprises across the Indian land.
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