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  Farmowners Automatic Adjustment of Limits

Effective July 1st, 2006, Wisconsin Mutual has added the Automatic Adjustment of Limits endorsement to Farmowner policies.

Coverages A, C, and D and premium will be adjusted automatically at each term according to the percentage the company determines applicable at the time of the renewal.

Below are the options listed on Endorsement Form FO-184:
 

  Option % of Annual Increase Factor
  1 4% 1.015
  2 6% 1.025
  3 8% 1.030
    Each Add'l .5% add 0.010
       
  Option 2 currently applies and will be shown on the declarations page.

Listed below are the detailed changes to the Farmowner Manual. These pages can be accessed in the online Manual.

       
  POP-13 8.15 Automatic Adjustment of Limits
Coverages A, C, and D and premium will be adjusted automatically at each term according to the percentage the company determines applicable at the time of the renewal.

The option that applies is shown on the declarations.

Endorsement Form FO-184

       
  POP-26 8.15 Automatic Adjustment of Limits Option % of Annual Increase Factor
      1 4% 1.015
      2 6% 1.025
      3 8% 1.030
        Each Add'l .5% add 0.010
   

 

 

 

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Wisconsin Mutual Insurance Company
8201 Excelsior Dr
Madison, WI  53717
(608) 836-4663
(800) 831-5959