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SAIF will return two dividends to its customers this year: one based on premium alone, and another based on safety performance.
posted September 12, 2018
On September 12, the SAIF board of directors declared two dividends for customers: a $120 million primary dividend to be paid to SAIF's policyholders, and a $40 million safety performance dividend to be paid based on each policyholder's safety results.
"We're a not-for-profit insurance company. That means when we have a good year, we're able to return premium directly to our customers in the form of a dividend," said President and CEO Kerry Barnett. "We also want to give special recognition to customers with strong safety records. Preventing injuries through effective safety programs is the best way to keep rates low for everyone."
Read the dividend news release
Read the agent dividend FAQ