Masonry Magazine March 1973 Page. 17
What's So Different About Your New MCAA-Sponsored Liability/Property Insurance & Workmen's Comp Program?
Dividends!
Now you have an opportunity to participate in an insurance program where virtually all your business insurance premium is eligible for a dividend return! What does this mean to your business?
Your MCAA program makes it possible for you to retain the guaranteed cost of your Workmen's Compensation and business insurance coverages (an important item in any contractor's business overhead) prior to joining the program. With your premium cost determined, you establish the basis for a dividend return determined by your control of losses. In other words, safety pays off!
This program pools together all the participating contractors premiums, and their losses. If losses are the same or less than normal, a dividend return may be sent to you from CNA/insurance.
Under the Workmen's Compensation plan, you will still receive the Stock Company Premium Discount in advance, along with your individual Workmen's Compensation experience modification. You will also receive competitive rates and size discounts for your business insurance coverages-just as you do now, but with a possible dividend return!
For more information about how you can participate in this new program, call your MCAA Insurance Coordinator collect. (312) 822-5240. Or write: MCAA Insurance Program Coordinator, CNA Center 11E, 310 South Michigan Avenue, Chicago, IL 60604.
CNA Insurance
Masonry
March, 1973
17