A pooled group benefit plan insures many people and businesses. The insurance company treats members of the plan as one large group in order to spread the mount of claims over a larger group of people.

A pooled plan integrates your business with all of the other businesses of similar size that are part of a specific pool of businesses. In a pooled plan, premiums are based on the average of claims across all the organizations in the pool.

When your claims are bundled together with thousands of similar firms in a pool, costs stay manageable and predictable. Your organization is never singled out for an increase.

Some examples of pooled plans you may be familiar with would include Better Business Bureau Sirius Plan, career associations (teachers, doctors etc.) and alumni associations.

At Dowco, we work with several pooled plans and will closely with you to determine the best solution that makes smart business sense for you and your organization.