Hanover Bankbenefits

Hanover Bank's benefits plans covered 187 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $34,810 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $186 per covered person, below the median for employer plans that report broker pay. Broker pay fell 83% from $202,809 in 2024.