Key Benefits - storage.googleapis.com · o Dial Pay Solution Touch tone verification not requiring...
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Key Benefits Employer’s Liability 2M/2M/2M (Standard) Scheduled Credits Up to 25% Safe Work Place Credits Up to 25% • 5% Employee Sponsored Health Insurance Plan (Requires 75% employee participation) • 5% Pre-Employment Medical Exam (Required with DOT drivers) • 5% Drug Screening Program (Required with DOT drivers) • 5% Video Surveillance System • 5% Light Duty Return to Work Program (Written program is required) • 7% Active Safety Program (Written program is required) • 7% Employee Assistance Program (Written program is required) • 10% Business Practices (MOD averaging 1.0 for the past 3 years) Terrorism Charge $0 EFT Guard (Unauthorized Fund Transfer) $0 • $100,000 in coverage/$5,000 deductible • $2500 for Cyber Extortion Premium Discount • $2,500 to $5,000 5% • $5,001 to $20,000 10% • $20,001 to $100,000 11% • $100,001 to $250,000 12% • $250,001 to $500,000 • $500,001 and over Expense Constant MRA Assoc. Dues 14% 16% $200 $130 for profit/ $70 for non-profit *First year association dues are returned to the agency from MRA Commission 10% on new and 9% on renewals 24/7 Claims Service 866.764.7705 Contract Number: 1578
Transcript of Key Benefits - storage.googleapis.com · o Dial Pay Solution Touch tone verification not requiring...
Key Benefits Employer’s Liability 2M/2M/2M (Standard)
Scheduled Credits Up to 25%
Safe Work Place Credits Up to 25% • 5% Employee Sponsored Health Insurance Plan (Requires 75% employee participation)• 5% Pre-Employment Medical Exam (Required with DOT drivers)• 5% Drug Screening Program (Required with DOT drivers)• 5% Video Surveillance System• 5% Light Duty Return to Work Program (Written program is required)• 7% Active Safety Program (Written program is required)• 7% Employee Assistance Program (Written program is required)• 10% Business Practices (MOD averaging 1.0 for the past 3 years)
Terrorism Charge $0
EFT Guard (Unauthorized Fund Transfer) $0 • $100,000 in coverage/$5,000 deductible• $2500 for Cyber Extortion
Premium Discount • $2,500 to $5,000 5% • $5,001 to $20,000 10% • $20,001 to $100,000 11% • $100,001 to $250,000 12% • $250,001 to $500,000• $500,001 and over
Expense Constant
MRA Assoc. Dues
14% 16%
$200
$130 for profit/ $70 for non-profit
*First year association dues are returned to the agency from MRA
Commission 10% on new and 9% on renewals
24/7 Claims Service 866.764.7705 Contract Number: 1578
Payment Options
Annual Any Amount Semi-Annual Annual Premium of $500 or more Quarterly Annual Premium of $1000 or more Monthly Annual Premium of $4000 or more
EFT and CC forms are found in Agent QB. Payment by check can be mailed to the home office
Retailers Insurance currently does not have a service fee charge with any of its billing plans
Excluded Individuals To exclude an individual, they must have a minimum of 10% ownership
Waiver of Subrogation Will be issued at no charge, up to a limit of 5 *A copy of the contract with the company requesting the individual waiver is required
Individual Waiver of Subrogation after 5 $50 per waiver Blanket Waiver of Subrogation $250
To request a waiver, please contact the Underwriting Department.
Payroll Maximum $83,200 Minimum $23,660
Audits Guidelines
$350 to $750 Self Audit $751 to $3,000 Phone/Self Audit Every Year $3001 to $7,500 Phone or Physical Audit Every Year $7501 to Above Physical Audit Every Year
Things to Remember
Underwriting
You can secure an Updated MOD by using the free function on the Policy Information screen
The CAOM report will not be requested until the account is Submitted to UW. The report will beattached to the file notes for your review, followed by a request for additional information,approval or declination.
Until an account secures Underwriting Approval, the premium proposed in not guaranteed. Becertain to use the Submit to UW option. Quotes should not be presented until approved byunderwriting.
Loss Runs will be requested and can be uploaded by using the “Notes & Uploads” The following documents should be presented and secured when meeting with the client
o Membership Application and dues (Dues can be included with the down payment) $ 70 for non-profit $130 for profit organizations $0 Amerinca Rental Association If the business is a current member, you do not need to collect additional dues
o Specific Person Exclusion Formo Safe Workplace Credit Formo EFT or Credit Authorization Formo Deposit Check
All of these items can be mailed to the home office or attached to the file and payment enteredelectronically with in the submission
Pay Plan Information
You can now select the form of payment, Check by mail, Credit/Debit Card or E-Check
Billing Information
Accounts new and renewing after 9/1/17 will have provide billing information provided inAgent QB. A notification message will be sent to the producer when hard copies are sent tothe insured.
Electronic notifications includeo Invoiceso Declaration Pageso Pending Cancellation Information
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Benefits Included • Free Labor Law Poster• Support of the “Buy Nearby” Campaign
• Doing Business with a “Pure Michigan” Association and Company
• MRA Marketing material• Bi-Monthly copies of the “Michigan Retailer” publications• Merchant Processing (Servicing over 5,000 businesses annually)
o Competitive Rates Visa, MasterCard, Discover and American Express
o Point-of-Sales Solutions Stand-Alone, Dial Up, IP or Smart Phone Processing
o Authorize.Net (e-commerce solutions) Real Time, Web-based for secure transactions
o Dial Pay Solution Touch tone verification not requiring a terminal
o No Supply charge, set up charges, application fee, programming costs, fixedmonthly leasing fee, voice authorization fees or chargeback fees
o $100,000 of Data Breach Coverage (No Cost)• Smart Phone Credit Card Processing Solutions• Check processing solutions• Remote Deposit Solutions• Customized Gift Card Solution• MRA Discount Shipping Program
o Through “PartnerShip” Up to 29% with select FedEx Express Up to 25% with select FedEx Ground Up to 10% with select Home Delivery Up to 62% on (LTL) Less-than-truckload with UPS Freight
and Yellow Transportation• Access to health, life, supplimental helath, short term disability, vision and dental
insurance products• College Scholarship Program
o Providing dozens of college scholarships to benefit members, employees ofmembers and their families.
• Retail Education Seminars• Legislative Advocacy
o Supporting the retail industry and offering assistance with government relatedconcerns
What are we writing?
Accounting, Law and Engineering Firms Apparel Stores Appliance Stores American Legions Art Galleries, Supplies and Graphic Design Assisted Living Associations (Homeowners, Trade, etc.) Attorney Offices Auto Dealerships Auto Part Stores Auto Repair Auto Services Auto Towing Bakery Barber Shops and Salons Beauty Supply Stores Beverage Distributor Book Stores Broadcasting Stations Cabinet Woodworking Charitable Organizations Child Care Services Churches Civic and Fraternal Organizations Clerical Clothing Stores Clubs (YMCA, YFCA, YWCA, etc.) Coffee Shops Convenience Stores Delivery Services Dentist Offices Doctor Offices Dry Cleaning Educational Associations Engineering Services Farm Machine Dealers Food Manufacturing Funeral Homes Furniture Stores Florists Golf Courses
Gas StationsGeneral Merchant Stores Grocery Stores Hardware Stores Health Club Hobby and Toy Stores Home Improvement Stores Hospitality (Hotels & Motels) Insurance Agencies Jewelers Landscape & Lawn Care Libraries Limousine Company Manufacturing Manufacturing- Light Manufacturing- Plastic Manufacturing Machine Parts- Precision Manufacturing- Wood Micro-Breweries Museums Non-Profits Office Supplies Optical Goods Store Pest Control Pet Supply Stores Pharmacy Pool Supplies Pool Installation Resale Stores Residential Maid Services Restaurants/Sports Bars Retail Stores Shoe Stores Schools (Public/Private) Sporting Goods Store Theaters Transportation (No trucking for hire) Vehicle Service & Repair Veterinary Clinics Wholesale Trade- General Zoo’s
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Unacceptable Exposures
• Professional Sporting Teams
• Aircraft Exposures
• Asbestos Related Exposures
• Underground Mining
• Construction Wrap-Ups
• Hazard Group 4 (NCCI)
o *Unless the exposure is
incidental (less than 10% of
the overall annual payroll or
premium)
• Exposure better covered by the;
• Jones Act
• Federal Employers Liability Act
• Longshore and Harbor Workers’
Compensation Act Exposures
o *Unless the exposure is
incidental (less than 15% of
the overall annual payroll or
premium)
• Construction of coffer dams
• Subaqueous work
• Subway Construction
• Electric power line construction or
maintenance
• Logging operations
• Roofing (all kinds)
• Iron or steel erection
• Wrecking or demolition of buildings
• Gas and oil drilling
• Manufacture, product, store,
distribute, transportation of any gas,
or liquefied petroleum,
o *Except retail operations
• Manufacture, product, store,
distribute, transportation of
explosive substances, including
anything which has an explosive
intent
• International Business Travel
• General Contractors
• Placement Services
Helpful Links and Information
Business Data Look Up http://www.buzzfile.com
DOT Look Up https://safer.fmcsa.dot.gov/CompanySnapshot.aspx
Current Workers’ Compensation Look Up http://w1.lara.state.mi.us/WCInsuranceCoverageLookup
Management TeamJames P. HallanPresident and Chief Executive Officer517.372.5656Toll-Free: [email protected]
William J. HallanChief Operating Officerand General Counsel517.372.5656 ext. 306Toll-Free: 800.366.3699 ext. [email protected]
Tom TuggleSenior Vice President,Insurance Sales & Membership517.372.5656 ext. 305Toll-Free: 800.366.3699 ext. 305Mobile: [email protected]
Kurt M. DettmerSenior Vice President,Insurance Sales and Business Development517.372.5656 ext. 333Toll-Free: 800.366.3699 ext. 333Mobile: [email protected]
Laura SchillingDirector, Underwriting517.372.5656 ext. 313Toll-Free: 800.366.3699 ext. [email protected]
Jamie MooreUnderwriter517.372.5656 ext. 332Toll-Free: 800.366.3699 ext. [email protected]
Judy SchaferManager, Operations517.372.5656 ext. 331Toll-Free: 800.366.3699 ext. [email protected]
Abraham HartlineCorporate Accountant517.372-5656 ext. 321Toll-Free: 800.366.3699 ext. [email protected]
Linda PierceUnderwriting Assistant517.372.5656 ext. 336Toll-Free: 800.366.3699 ext. [email protected]
603 South Washington AvenueLansing, MI 48933Phone: 517.372.5656
Toll-free: 800.366.3699Fax: 517.372.1303RetailersInsurance.com
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