Rural Mutual Declares Special 2020 Dividend for Policyholders
Company expects to pay over $5 million in 2021
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MADISON, Wis., Feb. 1, 2021 /PRNewswire/ For the first time in its history, Rural Mutual Insurance has declared that they will issue a special dividend to their policyholders. The dividend is either 2% of eligible policy term premium or $50, whichever is more, and will be paid in 2021. Rural Mutual is taking this action as an opportunity to help keep Wisconsin strong amidst one of the most difficult years in recent history.
Based on the company s positive operating results, it s estimated that over $5 million will be paid out. Policyholders will begin receiving Special 2020 Dividend checks later this month.