Association Dividend Plan

Designed exclusively for State Compensation Fund (SCF) Arizona policyholders, the SCF Association Dividend Plan enables trade and business associations to offer members the opportunity to lower the cost of workers' compensation insurance.

By participating in the group plan, policyholders may earn a "bonus" dividend in addition to their individual dividends, based on the safety success of the Association to which they belong. (The earned "bonus" dividend is calculated on the total premiums and losses of all participating Association members.)

Since 1970 when the plan was created, members have earned over $550 million in individual and "bonus" dividends. While dividends cannot be guaranteed, SCF has paid them every year since its inception in 1969.

At SCF Arizona, we want to reward our participating policyholders for their good safety records. Join now and you, too, can receive the rewards.

How does it work?

• Members of the Association who are in good standing and who are policyholders with SCF are eligible for participation.
• Each participating member maintains an individual policy and remains responsible to SCF for payroll and premium reporting. The member may have an individual experience rating and will be entitled to premium discount on an individual basis, if eligible.
• It is required that approval by the Association be obtained for participation in the plan.
• SCF computes the dividend and distributes it in accordance with the Association's instructions.

What are the rewards?

• The plan allows members the opportunity to share in an additional "bonus" dividend through the Association.
• Each participating member will receive no less than its earned individual dividend and, in addition, will share in the group "bonus" dividend if earned.
• Dividend Benefits:
  • Bonus Dividend-Averages 50 to 60 percent more than your individual dividend. (All earned dividends are paid 10 to12 months after the Association dividend year ends.)
  • Shock Loss Protection - $75,000 loss limit applied to each claim for dividend purposes.
• An active and unified approach to accident prevention can mean a larger potential dividend for members. By working closely with SCF and the Association, members can pave the way toward safer operations and higher dividend returns.

How can you participate?

If you are an active member of AFMA you are eligible. Contact SCF Arizona at 602-631-2300 or 1-800-231-1363 to enroll in the Association Dividend Plan.

Questions?
Contact Debbie Roth at the AFMA office at 602-252-9761