Business Insurance Safety Group
Cash Dividend Program

The Wood Products Manufacturers Association safety group is operated in conjunction with our partners at Indiana Lumbermens Mutual Insurance Company (ILM). The program offers excellent coverages (property, general liability, auto, inland marine and umbrella), extremely competitive pricing, and the possibility of cash dividend payments. If the group collectively has a good loss history, there is a possibility of a cash dividend payment of up to 10% of eligible policy premiums earned during the calendar year. The dividend is not a credit towards future insurance, but rather a check that is mailed to you. If the group has a poor loss history, there is not penalty or surcharge. It is a win-win situation.

In 2009 our program paid participants a 10% cash dividend.

Our current safety group continues to experience a good loss history. Our goal is to offer a cash dividend for two consecutive years.

With the economy being less than ideal, it is prudent to get a no-obligation quote from your agent to guarantee that you are receiving full value for your hard earned dollar. We encourage all members to ask their insurance agent if their current program provides them with all needed coverages and has the potential to pay them a cash dividend of up to 10% if the group has a good year.

By working together we can say: safety does pay.