Multifamily Insurance Trustbenefits

Multifamily Insurance Trust's benefits plans covered 567 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,403,012. Insurance brokers and agents were paid $23,413 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 17% from $19,975 in 2023.