Texas Schools Group Earns $34K Dividend from Texas Mutual

Texas Mutual Insurance Company announced a $34,280 purchasing group dividend for the Texas Schools Group (TSG).

The TSG group dividend is separate from the approximately $50 million in individual dividends that Texas Mutual Insurance Company paid to qualifying policyholders in 2005. Some TSG members may receive dividends under both programs.

TSG purchasing group members earn a premium discount based on the premium volume of the entire group. They also have access to a Texas Mutual safety plan developed specifically for their industry.

Any agent can place a qualifying client into the TSG purchasing group, with a Texas Mutual underwriter’s approval. For more information on TSG and other Texas Mutual purchasing groups, visit the Agents section at texasmutual.com.

Texas Mutual Insurance Company notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.

Topics Texas