Crop Hail Dividends
Policyholders to receive more than $2.7 million in Crop Hail Dividends
COUNTRY Financial® will return more than $2.7 million in dividend payments to approximately 10,630 crop hail policyholders in Illinois.
Policyholders will receive a 16.12 percent dividend based on premium they paid on their 2014 crop hail policy. The amount of each dividend check will vary depending on the amount of crop hail coverage each policyholder had on crops during the 2014 season.
“We’re pleased to add even more good news to an already successful year for most farm families,” says Sheri Bane, vice president of Commercial/Agribusiness Underwriting at COUNTRY Financial. “Our continued financial strength and favorable weather make this dividend possible.”
The COUNTRY Mutual Insurance Company® is the largest crop hail insurer in Illinois. It provides crop hail protection to about 3.2 million acres of Illinois crops valued at about $2.1 billion.
About the COUNTRY Financial® group
The COUNTRY Financial® group (www.countryfinancial.com) serves about one million households and businesses throughout the United States and offers a full range of financial products and services from auto, home and life insurance to retirement planning services, investment management and annuities.