About Modern woodmen of america
Modern Woodmen of America: Helping You Achieve Your Financial Goals
Modern Woodmen of America is a fraternal organization that has been helping people achieve their financial goals for over 130 years. With a focus on life insurance, annuities, investments, and more, Modern Woodmen is committed to providing its members with the tools they need to secure their financial future.
As a fraternal organization, Modern Woodmen is also dedicated to giving back to the communities it serves. Through various charitable initiatives and community outreach programs, Modern Woodmen strives to make a positive impact on the world around us.
Life Insurance
One of the primary services offered by Modern Woodmen is life insurance. Life insurance provides financial protection for your loved ones in the event of your untimely death. With several different types of policies available, including term life insurance and whole life insurance, Modern Woodmen can help you find the right coverage for your needs.
Term Life Insurance
Term life insurance provides coverage for a specified period of time (usually between 10-30 years). This type of policy is typically less expensive than whole life insurance and can be an excellent option if you only need coverage for a specific period (such as until your children are grown or until you pay off your mortgage).
Whole Life Insurance
Whole life insurance provides coverage for your entire lifetime (as long as premiums are paid). This type of policy builds cash value over time and can be an excellent way to provide long-term financial security for yourself and your loved ones.
Annuities
Another service offered by Modern Woodmen is annuities. An annuity is essentially an investment vehicle that pays out regular income payments over time. Annuities can be an excellent way to supplement retirement income or provide guaranteed income in later years.
Investments
In addition to life insurance and annuities, Modern Woodmen also offers investment services. From mutual funds to individual retirement accounts (IRAs), there are many different investment options available through Modern Woodmen.
Community Outreach Programs
As mentioned earlier, one unique aspect of Modern Woodmen's mission is its commitment to giving back through community outreach programs. These programs include:
- Matching Fund Program: Through this program, members can apply for matching funds from Modern Woodman when they organize fundraisers or volunteer events in their communities.
- Youth Educational Programs: These programs aim at educating young people about personal finance management.
- Disaster Relief Assistance: In times when natural disasters strike communities where members live; modern woodman offers assistance such as food supplies among others.
Conclusion
Overall modern woodman has been providing quality services since its inception in 1883; it has helped many individuals achieve their financial goals through various products such as term-life insurances which offer affordable rates compared with other companies while still offering quality service delivery; whole-life insurances which offer lifetime protection against unforeseen circumstances like death among others; annuities which provide guaranteed income during retirement age or supplementing current incomes before then; investments like mutual funds & IRAs that help grow wealth over time while minimizing risks associated with investing alone without professional guidance from experts who understand market trends better than most individuals do themselves!