Low-Cost Workers Compensation Insurance
Overview
Workers’ Compensation is often one of and in some cases the largest expense a business faces depending their operations and claims history. The goal of Platinum Partners Insurance Inc. is to use our relationships with wholesale brokers in New York State to help our clients or prospective clients gain the lowest cost workers’ possible.
Workers’ Compensation can feel like an out of control expense for many businesses. The good news is there are a variety ways to mitigate this expense which we will work directly with you in order to accomplish. The best type of savings are ones that you never knew existed.
Safety Groups Overview
We have access to safety groups for several different industries. A safety group is a low cost plan for Workers’ Compensation Insurance producing low-cost non-profit coverage for groups of employers with similar operational hazards. As an incentive to Group Members to practice safety, the State Fund returns generated savings in the form of dividends to the Group Members. Hence, every dollar saved by a prevented or properly managed claim is a whole dollar returned to Group Members. Eligible members are entitled to a competitive premium discount and to participate in group dividends. Dividends are not guaranteed and based on group performance.