Solutions for Small and Medium Sized Business
Small and Medium Sized Business traditionally face an uphill battle with low capital available and smaller margins. This makes it very hard to grow your small business. With Perlinger Group Benefit’s Large Block Concept you get all the advantages of a big business with the ease of small business.
Key Features Of The Large Block Concept
- Each company has the buying power of a large company
- Priced on your own company claims experience
- Bad claims experience by a fellow block member will not adversely affect your price
- Lower administration costs
- Great buying power for pooled benefits
- Protection from unforeseen circumstances
- Increase in flexibility for small companies
Solutions For Small Business'
Individually (outside Perlinger Group Benefits' Large Block)
A smaller group of employees (under 100) means Higher Margin for the Insurance Carrier and Higher Cost for the Small Company. As a small company, the insurance carrier prices accordingly.
With Perlinger Group Benefits' Large Block
Each Company is seen as a part of a Large Group and priced as a member of a Very Large Company. Each Small Company pays lower rates due to higher leverage. The Insurance Carrier takes a smaller margin on the larger group and everyone saves. The annual savings are usually between 15% and 25%.
