Lovell Safety Groups Earn Dividends
New York, NY… Lovell Safety Management Co., LLC, announced the 2017 – 2018 dividend earnings of three of its Safety Groups:
- New York Hospitals and Health Care Entities, Safety Group #275
- New York Construction Industry, Safety Group #469
- New York State Printing and Imaging Association, Safety Group #514
Safety Group #275 paid a 15 percent dividend. Qualifying members received an
advance discount of 25 percent on the 4/1/19 renewal.
Safety Group #469 paid a 25 percent dividend. Qualifying members received an advance discount of 25 percent on the 4/1/19 renewal.
Safety Group #514 paid a 25 percent dividend. Qualifying members received an advance discount of 25 percent on the 4/1/19 renewal.
Lovell Safety Groups are fully insured, non-profit entities that return any underwriting profit to group members. Any extra premium dollars collected-not used to pay losses or expenses-can be returned to members in the form of a dividend. Lovell Safety Groups provide businesses with the benefits of a guaranteed cost premium with additional savings earned through dividends.
