Rural Mutual Insurance to issue a special 2020 dividend


Rural Mutual Insurance to issue a special 2020 dividend

Many Wisconsin families, farms, and businesses will be getting some extra money back from their insurance provider in February. 

Dan Merk

Dan Merk is the Executive Vice President and CEO of Rural Mutual Insurance and says most of their customers will be getting a special 2020 dividend. “Those customers are going to receive a dividend equal to approximately two percent of their premium or fifty dollars, whichever is more.”

Merk tells Brownfield the Rural Mutual board and management received community feedback from their agents and felt this was the right thing to do. “As we went through the year last year understanding that we were having a good year, we just felt like we wanted to do something more than we have done in the past to really recognize the difficult year that it was for everybody.”

And, Merk says the special dividend checks will be processed soon. “Customers really don’t need to do anything. We’re going to process this. We have a record of all of our customers and everybody that qualifies, so nothing anybody needs to do. They can expect to see a check coming here in the mail sometime as we go through the month of February.”

Merk says the special 2020 dividend will return just over five million dollars to their Wisconsin policyholders.

Rural Mutual Insurance is the risk management partner of the Wisconsin Farm Bureau, and they are governed by the same president and board of directors.

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