In today’s economic market, it is good to have stability in an insurance partner. We partner with local chambers and associations to bring their members group-buying power, product and pricing incentives, and the possibility to earn a dividend. Dividends often pay for the cost of membership and then some.
An important aspect of our group insurance programs is preventing loss and controlling claims costs. Because dividends are based on the group’s collective loss experience, a business that may have had a significant loss may still be eligible to receive a dividend. Penn National Insurance paid $10.7 million in dividends over the past five years.
For more information, contact your agent.