Independence Bankbenefits

Independence Bank's benefits plans covered 389 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $55,237 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $142 per covered person, below the median for employer plans that report broker pay. Broker pay rose 23% from $44,903 in 2024.