Property & Casualty Insurance - Safety Group Program
With over 100 years of experience in the specialty insurance industry. ILM recognizes the short and long-term challenges that influence your business decisions and insurance needs. As a result, ILM offers products designed to meet the challenges inherent to the lumber and building materials industry and leads the way in property insurance protection with big savings through MLBMA.
MLBMA members are eligible for premium savings and the Safety Dividend Program. Creating a sound safety program and implementing loss prevention procedures by each safety group participant is a key component in the success of the MLBMA/ILM Property and Casualty Dividend Insurance Safety Group Program.
How the Property & Casualty Dividend Program Works
A safety group is a loss sensitive insurance program that enables employers in the same industry to combine their insurance premiums with the goal of reducing their insurance premiums. While it is possible that an individual safety group participant may have a substantial loss in any given year, most of the participants of the group will not. The group program spread the risk from the individual policyholder to the entire group. That often allows a portion of the premiums to be returned to the member in the form of a dividend, although dividends cannot be guaranteed.
"Insurance purchasing can be one of the most important purchases I make for my company on a yearly basis. We operate six different operations that requires, in some cases, different types of insurance. I found the right fit for us in the Indiana Lumbermen's Mutual Insurance Company, the ILM Group. John Millerwise is our agent and he knows our business. John understands what is important to the building material dealer so that we have the right kind of insurance coverage for our different operations. The ILM Group and John Millerwise was the right choice for us."
Roy Schryer- Cheboygan Lumber Company
Let's Talk Property & Casualty Coverage
John Millerwise
Insurance Specialist
Phone 989-545-6300
Cell 989-280-9800
Fax 989-879-2356
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