Association Programs

There is a benefit to having a membership with a society or an association. If approved, we can customize a specialty dividend program for associations that allows its members the benefits usually reserved for larger organizations. By grouping association members into one single large group, each member is eligible to participate in a program based on the group’s performance and combined loss ratios.

Program Specifics:

• No recapture clause, once dividends are paid they will never be recalled
• OptaComp interpolates between loss ratios, members receive dividends based on the actual loss ratio
• Dividends are based on evaluations of group losses 6 and 18 months, members receive 50% of the earned dividend at each evaluation period
• To be eligible for a dividend, the policy must remain in effect for the full 12-month period and all audits must be completed.

Dividends are not guaranteed and are declared at the discretion of the board of directors. Since 1997, we have paid out dividends as published.

If you are truly committed to reducing and controlling the financial impact of Workers' Compensation insurance premium for your clients, we'd like to help. Call OptaComp marketing at 1-888-207-4215 for further details.