What are Safety Groups?
Our NY Workers' Compensation Safety Groups are Workers' Compensation insurance programs that are underwritten by the New York State Insurance Fund (NYSIF). A State Fund Safety Group is a cost-plus 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.
While dividends are not guaranteed, Keevily has paid out consistently for more than 35 years with an average payment of between 20-25%
Eligible members are entitled to a substantial competitive advance discount and to also participate in group dividends.
For more information regarding our Safety Group Program, contact us directly at
800-523-5516.
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