World’s Best Insurance Companies
We are honored to be included on the Forbes and Statista World’s Best Insurance Companies 2024 award list. Learn more about this recognition.
Contact a representative today to find out what sets Modern Woodmen of America apart from the competition.
Let’s discuss your life insurance needs. Your local representative will contact you within 72 hours.
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Affordable life insurance for member families
Modern Woodmen of America has been securing futures, protecting families and benefiting communities since 1883. We believe life insurance is the foundation of financial planning.
Whole life insurance
Fixed premiums and guaranteed death benefits as long as premiums are paid. Whole life coverage with income tax-free proceeds to protect your loved ones.
Universal life insurance
Flexibility over the life of your policy. Permanent, adjustable coverage to meet your needs as they change.
Term life insurance
Customized coverage on your terms. Affordable, flexible protection over the period you need — 10-, 15-, 20- or 30-year terms.
Whole life insurance
Whole life insurance helps protect your loved ones, providing income tax-free money when you’re gone. Get peace of mind, knowing that your family is protected, and take advantage of cash value plus other living benefits to help you plan ahead – no matter what life brings.
- Permanent protection.
- Builds cash value.
- Living benefits.1
- Leave a legacy.
Universal life insurance
Universal life insurance provides permanent and flexible protection alongside cash accumulation you can adjust as your needs change.
- Affordable protection.
- Flexibility.
- Cash accumulation.
- Guarantees.2
Term life insurance
Term life insurance can be an affordable way to secure the protection you need to keep your family, your business, and your hopes and dreams alive. With term life insurance, your beneficiaries receive income-tax free money if you pass away during the term period – without the delays and expense of probate.
- Guaranteed death benefit as long as premiums are paid.
- Guaranteed level premiums for the term period, increasing afterward.
- Guaranteed convertibility.
- Return-of-premium options.1
Protecting members is not only our promise, but our obligation
Modern Woodmen’s asset base is a strength
All of the funds members place with us are backed by our $17.73 billion in assets. ($15.28 billion in liabilities).
Our investment philosophy safeguards members’ principal
Modern Woodmen strives to manage its assets so that changes in the financial markets have minimal effect.
Surplus and reserves provide additional protection
Modern Woodmen’s solvency ratio has reached over 116%.
1The addition of riders is optional and may result in additional premium. Additional underwriting may be required. State variations may apply. Products and riders may not be available in all states.
2Some plans offer options to keep the death benefit in force, even if interest rates decrease after the plan is issued (provided enough premiums are paid on time). All guarantees are backed by the claims-paying ability of Modern Woodmen. Universal life plans provide life insurance coverage provided sufficient premiums are paid. The duration of coverage will depend upon the amount, timing, and frequency of premium payments, interest credited, monthly deductions, and any loans or withdrawals. The premiums paid may need to be increased to keep these certificates in force.
