Pan-American Life Insurance Group, Inc.benefits

Pan-American Life Insurance Group, Inc.'s benefits plans covered 590 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $396,044. Insurance brokers and agents were paid $240,453 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.7% of premiums. That is $408 per covered person, above the median for employer plans that report broker pay. Broker pay rose 24% from $193,571 in 2023.