Program Basics
When you're a part of an Accident Fund Group Dividend Program, your customer can expect:
- 5% up-front savings on your premium
- Opportunity for a dividend
- No minimum premium to qualify
The benefits of the program can make a difference to your client's bottom line!
Even more savings...
If your customer's workers compensation premium is $5,000 or more, they may also qualify for WorkSafe Credits.
Account Retention and Commissions
Retaining good business is important to your agency. With Group Programs, participants have historically maintained their coverage longer than if insured on their own, plus lowered their loss ratio.
There is no decrease in agency commission for insureds placed in a Group or Association
Program.
Sign up your clients at any time! No common effective date for most groups.
If you have an questions, contact your Business Development Consultant.
Qualifying associations of groups (see group programs for details on each
group):
Automotive Retailers Group - Available for those in the business of new
retail automotive sales, with operations including repair services (classes 8748
and 8395 must be present to participate). No association to join or membership
fees to pay.
Golf Group Dividend Program - Available for private and public golf course business. No association to join or membership fees to pay.
Construction Group Dividend Program - Members of the Builders Exchange of Grand Rapids and Western Michigan may participate in this group plan and earn a potential dividend based on loss experience.
Hospitality Group Dividend Program - This program offers a potential dividend, for Michigan restaurants and hotels, motels, resorts or bed & breakfast operations. No association to join or membership fees to pay.
Michigan Grocers Association
- Available for Retail Members.
Michigan Green Industry Association
Municipal Group Program - Available to Michigan municipalities. No association to join or membership fees to pay.
Sheet Metal and Air Conditioning Contractors National Association (SMACNA) Detroit Work Comp Group.
Specialty Contractor Workers Compensation Plan - Available for members who belong to one of the following trade associations:
Chamber of Commerce Group Dividend Program - Current membership in the Chamber of Commerce is required for participation.
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