Saturday, July 31, 2010

The Trust’s Producer Program

Trust Enjoys Profitable 2009 Season

The Trust's Producer Program now offers the protection of workers' compensation coverage for employees of cotton producers who gin with members of the Trust.

The Trust provides its members both hard savings in dividends paid back and "soft" savings in premiums the members never had to pay to a commercial insurance carrier because the Trust was there to provide coverage in times of a restricted market.

The Trust paid $3,500,000 in dividends in 2009, the third record dividend in 3 years.

More than $14.5 million has been returned to the members that participated in the first 13 years of the Trust's program. Nearly 18 percent of premiums paid in those years has been returned.

source : cottonfarming


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