Any policyholder who has been continuously insured by ISMIE Mutual since the July 1, 2005, to June 30, 2006; July 1, 2006, to June 30, 2007; and/or July 1, 2007, to June 30, 2008, policy years – and renews on or after July 1, 2010 – is considered an eligible insured. The dividend will be given to the policyholders automatically as a credit on their renewal invoice for the new policy year.