Chamber Members can Save with New Group Workers' Compensation Program

Chamber Members can Save with New Group Workers' Compensation Program

The Hampton Roads Chamber is pleased to offer its members WorkersComp4members – a new workers’ compensation Group Program designed exclusively for members of local Chambers of Commerce throughout Virginia. 

Workers compensation costs can often be a burden to small-business owners. To help relieve some of that burden, WorkersComp4members was created. As a member, you can save money and get great workers compensation insurance for your employees.

Program Benefits include:

  • 5% up-front premium discount on a workers’ compensation policy with Accident Fund Insurance Company of America.
  • Opportunity to receive group dividends, based upon the group’s overall profitability.
  • Access to the WorkSafe Toolbox™, which contains safety tools, including online training, safety videos and other educational materials.
  • No minimum premium to qualify
  • Convenient billing options
  • Loss prevention tools to help reduce claim costs

All active chamber members are eligible to participate in this program, subject to Accident Fund’s underwriting guidelines.  This program is modeled after similar highly successful Chamber programs in other states.  Over the past several years, Accident Fund has paid out over $35 million in dividends to participants of similar programs.  Dividends are returned to policyholders as a percentage of premiums paid, if dollars paid out in claims for the entire group are within acceptable ranges.

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.

“Safety truly does pay,” Theresa Ross, Accident Fund’s group program consultant, said.  “A safe work environment is not only great for employees; it’s also great for the bottom line.  We are proud to be able to present local Chambers with this valuable benefit for members in this program.”

Additionally, Accident Fund offers an online WorkSafe Toolbox™ where policyholders can easily link to federal and state workplace safety websites.

For more information about WorkersComp4members, visit www.WorkersComp4Members.com or contact Loree Peele in the Chamber’s member benefits department at 757-664-2523 or lpeele@chambermemberbenefits.com.

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