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WoodmenLife Facts

  • WoodmenLife is not your typical insurance company. We’re not-for-profit. Our mission is uniting hardworking Americans to secure their financial future while strengthening our communities and country.
  • Fraternal benefit societies like WoodmenLife are unique and are recognized by the IRS as 501(c)(8) charitable organizations because of the good we do in communities across the country and the help we offer families, allowing them to get the financial protection they need.  
  • WoodmenLife was founded in 1890 in Omaha, NE, as a not-for-profit by Joseph Cullen Root. For almost 135 years, our members have shared a commitment to family, community and country. 
  • WoodmenLife offers quality life insurance and retirement products to its members1 across the country.
  • When a person purchases a product from us, they become a member and may be eligible for WoodmenLife Extras2 above and beyond their coverage, including: 
    • The WoodmenLife Focus Forward Scholarship® – offering scholarships ranging from $500 – $10,000 to recent high school graduates 
    • Life’s Perks® discounts to more than 30,000 national and local retailers 
    • Student Loan Relief – Help to lighten the load of student loan debt 
    • LawAssureTM – Free, easy-to-use online legal templates to create wills, powers of attorney and healthcare directives 
    • Disaster Relief assistance – financial assistance of up to $1000 to members to help rebuild after a natural disaster 
    • Family Legacy – Monthly stipends to help care for the children of members, should they be orphaned
    • Community Involvement 
    • Family activities and events 
  • WoodmenLife is one of the largest distributors of U.S. flags, behind the U.S. government. More than 3.5 million flags have been presented to non-profit and community organizations since 1947. 
  • We the exclusive provider of U.S. flags and flagpoles for the Remembrance Garden at the Gary Sinise Foundation’s annual Snowball Express event. Snowball Express brings together the children and surviving spouse/guardian of our fallen military heroes for a five-day healing retreat.
  • We have a National Community Focus of fighting hunger. Fundraisers and food drives are done throughout the year at the Home Office and through chapters across the country.
  • Our chapters support eligible grassroots community projects and organizations in their local communities.
  • Our members support their local communities by volunteering.
  • For information about our financial strength or to view our most current annual report, visit our Financial Strength page.
  • WoodmenLife was assigned a rating of A+ Superior, the second highest out of 13, again in 2023. It was the 48th consecutive year we have received the A+ Superior rating.
  • WoodmenLife was recognized as one of America’s Best Insurance Companies in 2023; and one of the World’s Best Insurance Companies in 2024 by Forbes.

Disclosures

1. An individual becomes a member by joining our shared commitment to family, community and country, and by purchasing a WoodmenLife product.
2. WoodmenLife Extras are not contractual, are subject to change and have specific eligibility requirements.