Workers' Compensation and Disability Insurance

Workers’ Compensation Insurance

Safety Group 505 was created by NYSRA members in conjunction with the New York State Insurance Fund (NYSIF). The purpose of the Safety Group is to provide premium savings to policyholders and to promote a safe work environment.

  • Up to 35% discount on premium for businesses that qualify
  • Safety Group 505 paid members a 30% dividend for 2022
  • Average annual savings of 40-45%
  • Members have received dividends for 37 consecutive years – totaling over $100 million
  • PAYGO – No down payment. Premiums are based on your payroll in real-time.

Get a Workers’ Comp Quote

For more information, contact Jennifer Romanski at 800.452.5212 or jenniferr@nysra.org.

Safety Group 505 Annual Executive Committee meeting will be held via Zoom on December 8, 2025 at 2 p.m.
For Safety Group 505 members interested in attending please use the contact information above. 

Get A Quote

Disability Insurance

We have put together a highly competitive program for members.

  • $2.70 Females; $1.65 Males(50% of salary up to $170 per/week)
  • Enhanced coverage options available beyond state limit of $170/week
  • Quick and easy one-page application: NYSRA Disability Insurance Enrollment Form
  • Premium payments can be made online

For more information, contact Jennifer Romanski at 800.452.5212 or jenniferr@nysra.org.

Above numbers effective Jan 1, 2026

LossIQ

NEW! NYSRA has partnered with LossIQ to offer members FREE access to their premium safety courses!

✅ Learn how to prevent common accidents
✅ Protect your staff and customers
✅ Lower your insurance risk and claims
✅ And improve your business’s long-term success

Access LossIQ through Member Resources.