Woodmen of the World Insurance Company

Woodmen of the World Insurance Company
Woodmen Tower
1700 Farnam Street
Omaha, NE 68102

Woodmen of the World is the largest fraternal benefit society in the United States. It was established on June 6, 1980 by Joseph Cullen Root. It has now grown into a financial services organization which offers security. Woodmen of the World has indeed evolved a lot from their humble beginnings from more than a century ago. No matter how much they grow, they can still guarantee that they are still small enough to care about each individual member. Rest assured, with Woodmen of the World behind your back, you have nothing to worry about.

The company is a non-profit company, employing an estimate of 3,000 individuals. They share a commitment to family, community and country. Their mission is to provide care for every stage in a person’s life. Their vision remains to achieve their goal to be the most reliable financial services providers with valued member benefits and programs. Aside from all this, they also uphold a list of values which they hold important. Among these are honesty, respect, patriotism, and much more.

The Woodmen of the World Insurance Company offers you life insurance, cancer insurance and alliance products. Life insurance makes sure your family will be well taken care of, even after your death. The company knows that each person’s needs are constantly changing, and no matter what your situation is, they have something to offer you. They offer to protect your family and their lifestyle with the various types of life insurances that they offer. The company offers Term Life, Whole Life, Universal Life and Family Term Life Insurances. As the company says, whether you’re a newborn or a retiree, they’re there for you every step along the way. With needs that keep changing, how will you know what’s right for you? This is how the company can help you — they make it their goal to find out what you want, pinpoint what you need, and offer you solutions that are practical and affordable.

The second type of insurance they offer is cancer insurance. This type of insurance helps you pay for expenses that your health insurance may not be able to cover. Upon your first diagnosis of cancer, a lump sum cash benefit is provided. Cancer insurance helps you in your time of need, because you may never know when something unfortunate will happen. A serious illness such as cancer can exhaust your financial resources very quickly, and it would be fortunate if you had fewer things to worry about. The company lets you decide the amount your certificate provides, ranging from a minimum of $10,000 to a maximum of $50,000 (increasing in increments of $5,000).

As for alliance products, Woodmen of the World has affiliations with several other companies in order to offer you more products. Because of these arrangements, they are able to offer major medical, critical illness and disability income insurances.

Woodmen of the World has Best’s rating of ‘A+ (superior)’. This is the second highest from 15 possible ratings. As for their financial performance by the end of 2009, the company’s total assets were an estimate of $8.1 billion. Their assets increased steadily from $7.5 billion in 2008. They gained an income of $1.2 billion and a net gain of $152 million (before refunds).