First Financial Group of America (FFGA) recently secured a reduced rate on Employer paid Life and AD&D coverage for 170 school districts. The program was developed with Dearborn National, an AM Best rated A+ carrier.
The participating School Districts received a 52% reduction on their Employer paid Life and AD&D premiums. They will continue to enjoy these reduced rates for sometime as the carrier provided a 3-year rate guarantee. This program will save districts thousands of dollars for this expense that can be used in other educational endeavors.
The FFGA/Dearborn plan offered through TEEBC provides a rate of .048 per $1,000 of Employer paid Life and AD&D coverage.
More districts are being added to the program as it is being expanded. If you are interested in the details of this exciting opportunity, please go to our contact page and provide your information and our representatives will contact you.