Church Mutual® to provide financial relief to policyholders
Recognizing the financial strain caused by the COVID-19 pandemic, Church Mutual Insurance Company, S.I., (a stock insurer)1 has announced it will provide financial relief to its customers.
Effective for policies in force as of May 1, 2020, Church Mutual will issue dividend checks to all commercial auto policyholders equal to 15% on two months of premiums. Policyholders do not need to take action to receive the dividend payments, which will be issued automatically.
“We serve customers who are vital to the health and stability of this nation, including houses of worship, schools, senior living communities, camps and human service organizations,” said Rich Poirier, president and CEO of Church Mutual. “We know they are struggling to fulfill their missions and serve their members and communities right now. This is an important way we can help.”
1Church Mutual is a stock insurer whose policyholders are members of the parent mutual holding company formed on 1/1/2020. S.I. = a stock insurer.