COVERAGE SOLUTIONS

>>  Find A Representative
>>  Accident & Sickness 
>>  Auto Insurance Coverage
>>  General Liability
>>  Management Liability 
>>  Property
>>  Portable Equipment
>>  Excess Liability 
>>  Employee Benefits 
>>  Workers' Compensation
>> Critical Illness Insurance
>>  Accidental Death & Disability
>>  Group Term Life Insurance
>>  Length of Service Awards 
      Program (LOSAP)
>>  Employer-Sponsored Group
      Long-Term Disability

LENGTH OF SERVICE AWARDS PROGRAM  (LOSAP)

Does your organization have a program to reward, recruit and retain volunteers?

Our VFIS Length of Service Awards Program (LOSAP) provides an incentive to your volunteers and rewards them for their efforts.  This plan is customized by your department to suit your needs AND your budget.

• Your volunteers receive Lifetime Monthly Income during retirement years and can receive credit for past years of service as well as future years. What better way to reward your volunteers for their service to your department and the community!
• Your volunteers are provided with a Life Insurance Policy that they can even take with them if they leave your department, no matter what health conditions they may have!
• Your members receive a Lump Sum Disability Benefit if they are totally and permanently disabled from any cause.

In addition to all of the benefits provided by this plan, your Principal is guaranteed 100% along with a guaranteed Rate of Return of 3%.  Unlike other pension plans, the money that you invest into your Losap is always yours and you never lose it!  If you have money sitting in a Money Market account or CD, why not invest it in your volunteers.

Implementing a LOSAP can provide significant savings to municipalities that are otherwise associated with paying salaries and benefits for full-time firefighters. LOSAPs offer financial rewards to volunteers for community service, which encourages volunteer retention.

Contact us below for more information.