During the beginning of 2020, ELCO Mutual's Board of Directors met for their quarterly meeting. Many positive changes came from this first meeting as ELCO Mutual saw new officers elected and added a new member to its team. In addition to these developments, another adjustment was made.
The Annual Policyholder's Meeting will now take place on the first Thursday of every March, starting at 2:00 pm local time. This new meeting time goes into effect 2021 as the next annual meeting will take place on March 4, 2021.
The common question many of us hear is, "How does this affect me?" Well, in most cases, it doesn't. The only difference is when the meeting occurs each year, which was previously outlined in the policy. Because the date and time were depicted, ELCO Mutual sent an endorsement to its policyowners to notify them of the change and to provide them with the new, most up to date information.
If you received a letter, please make sure to attach it to our policy/contract for your records. As mentioned before, the change does not affect any policies or contracts outside of the meeting date and time.
If you are a policyowner or an agent, please do not hesitate to call ELCO Mutual's home office with further questions.