Agent’s Profit Sharing Lock-In Option
By now, Mid-Hudson Co-Operative and Claverack Cooperative agents who have qualified to exercise their Agent Profit Sharing Lock-in Option will have received a letter
confirming their eligibility. Agents interested are asked to sign and return the letter no later than Wednesday, October 31. As of September’s results, there is a 15% charge to lock-in.
Basic eligibility for our Profit Sharing Program includes:
- Written premium of $50,000 or greater
- Loss ratio of 47% or less
Refer to your Agent Profit Sharing Agreement for more details.
For more information or to schedule a review of your eligibility, contact Roy Denny at firstname.lastname@example.org or Ryan Zielinski at email@example.com.