What is Aggregate Stop-Loss Insurance?
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AMF welcomes new team member, Jordan Desrosier
9/24/2009 12:00:00 AM
PRLog (Press Release) – Sep 24, 2009 – Jordan Desrosier, a local Quincy resident was recently hired by AMF Risk Management Solutions in order to stimulate direct marketing efforts to Massachusetts employer groups. AMF looks forward to further growth of business with the addition of Jordan's skills and personality in sales and marketing.
Prior to joining AMF Risk Management Solutions, Jordan worked for a variety of marketing companies specializing in the Trade Show and A/V equipment industries. In this position, Jordan was responsible for providing solid leads that translated into successful sales under tight deadlines. Jordan's work ethic and good nature will prove effective in educating Massachusetts' small business owners about more affordable options for their group health insurance coverage.
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Specific Stop-Loss insurance covers individuals just like a high deductible plan. Aggregate stop-loss covers the entire group for an amount under the specific limit. As an example: a group with 25 employees with a $5,000 deductible would have $125,000 worth of exposure if all employees filed a maximum claim amount. The aggregate policy can limit this risk to something more manageable like $50,000.