Participating chamber members receive checks for successful Accident Fund workers’ compensation group performance
The Grand Rapids Area Chamber of Commerce is proud to announce that several members have earned over $681,176 in dividends through the Accident Fund Insurance Company of America workers’ compensation group program. Congratulations to our chamber members who participate in the program!
Since the Grand Rapids Area Chamber of Commerce 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 chamber members are eligible for dividends.
Did you know? If your workers’ compensation yearly premium is more than $10,000, your Chamber membership dues could pay for themselves in group program discounts. Learn more about the Accident Fund Workers’ Compensation Program and other membership perks here!
In January 2017, our chamber’s group program was reviewed and it was determined that we earned a 15 percent dividend for members that participated in the October 1, 2014 to September 30, 2015 program. The $681,176 in dividends is being paid to nearly 200 participants. The group will be reviewed again this same time next year for another possible dividend distribution. In 2016 Accident Fund Insurance Company of America paid over $4.5 million dollars to participating groups members.
“Encouraging safety in the workplace while offering a Chamber-only plan that can provide real money back is definitely a win-win situation,” said Mark Allen, Director of Member Relations for the Grand Rapids Chamber of Commerce.
“The Accident Fund Workers’ Compensation Program is one of many innovative strategies we have put in place to help our members more effectively control their costs. I want to thank and congratulate all of the program participants. Their commitment to safety is what made this dividend possible.”
Darryl Mulder of Buiten & Associates says, “The partnership between the GR Chamber, Accident Fund and our agency has been instrumental in rewarding many Buiten clients with substantive dividend checks. We appreciate our client’s commitment to safety in the workplace which helps drive the success of the Accident Fund/Chamber’s dividend program. Delivering a dividend check is a rewarding experience for Buiten associates as well as for our clients, reflecting positively on their superior Workers Compensation loss experience.” Buiten Associates continues to be the Chamber’s leading Accident Fund agency and has been for several years.
Accident Fund Insurance Company of America.
Accident Fund Insurance Company of America is a member of AF Group. All policies are underwritten by a licensed insurer subsidiary of AF Group.
To join the Accident Fund groups program through the Chamber, contact the Grand Rapids Area Chamber of Commerce for an Accident Fund Insurance Company of America agent in your area, or find an agent at www.accidentfund.com/groups.
Please note: You must be a member in good standing to participate in this program.