Joined: May 2009
Posts: 889
WCG equity
12/12/2019 at 5:54 PM
For the past several years, WCG's board of directors has voted at their annual general meeting to pay out a portion/percentage of equity to members who have a minimum amount of equity accumulated in their account (I can't recall what that minimum is and it may change from year to year). Their annual general meeting is usually in early December and I haven't heard if there was a decision made at this year's AGM to make an equity pay out to qualifying members.
In order to receive ALL the equity in your account you have to 1) pass away, 2) move out of WCG's service area, or 3) discontinue WCG service(s). In all three instances, payment of the equity in the account has to be applied for. In the first two instances, I believe the equity payout is made in a relatively timely manner however if you discontinue WCG service(s) but remain in the service area you may wait much longer to receive your payment.
If you are curious as to exact payout rules and disbursements, call WCG and ask to speak to someone in Membership Services.