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11/10/2014 Chamber News
Safety Pays as Bay Area Chamber of Commerce Members Earn Workers Compensation Dividend of $60,428

News Release
For Immediate Release

Michael D. Seward, CCE
President and CEO
Bay Area Chamber of Commerce
(989) 893-4567
www.baycityarea.com 

Safety Pays as Bay Area Chamber of Commerce Members Earn Workers Compensation Dividend of $60,428

Participating Businesses Share Workers Compensation Group Dividend from Accident Fund Insurance Company of America

[11/10/14] – Over 55 businesses will share a $60,428 premium dividend thanks to safe work practices and their participation in a workers compensation group dividend program available through the Bay Area Chamber of Commerce.

The dividend amount returned is based on each participant’s premium costs and range from $21 to over $8,400, with an average dividend of over $1040.

In addition to dividend opportunities, the Bay Area Chamber group dividend program offers participating businesses a five-percent discount on their workers compensation insurance premium rates.

While keeping people healthy and injury-free is vital in its own right, it is also an important factor in the ability to earn a dividend. Safety at work leads to fewer injuries and fewer workers compensation claims.

"It’s a fact – safety pays. A safe work environment is not only great for employees, it’s great for the bottom line," says Mike Dake, Accident Fund’s group program consultant. “We’re proud to be able to present the Chamber with this dividend for members in this program.”

Accident Fund’s Loss prevention consultants work with policyholders on safe work practices and teach employee safety training. The company also offers an online "tool box" where policyholders can link to federal and state workplace safety websites.

“I want to thank and congratulate all of the program participants,” said Chamber President and CEO Michael Seward. “Their commitment to safety is what made this dividend possible.”

“Encouraging safety in the workplace while offering a Chamber-only plan that can provide real money back is definitely a win-win situation.” Seward indicated, “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.”

The Bay Area Chamber of Commerce offers numerous member benefits. For more information visit
www.baycityarea.com  or call (989) 893-4567.

Accident Fund Insurance Company of America
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.

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