Montana’s #1 Worker’s Compensation Program
Through the efforts of the Montana Building Industry Association (MBIA) and the Montana State Fund, a select insurance group of MBIA members has been created. The GRIP program is available to all MBIA members and has saved participating members more than $5.5 million of the past sixteen years!
GRIP members are eligible for a refund if the group’s workers compensation premiums exceed the group’s expense and claim costs. If the group qualifies for a refund, each individual refund is based on individual performance and paid on a prorated, percentage basis. A poor group performance cannot affect your individual premium and you will never be required to pay more than your basic premium.
GRIP is a powerful group incentive program and a very effective performance driven system. Grip allows you to take charge of your insurance costs by reducing lost-time accidents and providing a workplace that is both safer and in compliance with OSHA. The GRIP program is over 400 members strong and includes: contractors, lumberyards, banks, furniture stores, insurance companies and mortgage brokers just to name a few.
MBIA/GRIP promotes an ongoing safety culture within my company by identifying risks, providing safety training, and financial incentives for safe performance.
GRIP Offers You…
Requirements to be in GRIP
Montana State Fund presents $540,000 return to MBIA
HELENA — Montana State Fund presented the Montana Building Industry Association (MBIA) with a $539,902 check Thursday morning for their efforts to improve workplace safety.
MBIA instituted a Group Retention Insurance Program, or GRIP, which help foster safe workplaces for construction sites….READ MORE