Indevco North Americabenefits

Indevco North America's benefits plans covered 321 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $367,124. Insurance brokers and agents were paid $156,206 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.5% of premiums. That is $487 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.0% from $157,727 in 2023.