At WoodmenLife, we understand what is truly important – keeping your interests in mind as we make decisions that impact the future and overall financial strength of our company.
In 2017, WoodmenLife's outstanding financial performance included a total income of $1 billion and certificate reserves (funds held to guarantee future benefit payments) of nearly $8.5 billion.
For the past 11 years, WoodmenLife's assets1 and insurance in force have both continued to grow at a steady rate.
In addition, WoodmenLife's total surplus has consistently grown over the past five years, reaching a record high of $1.39 billion in 2017.
One way to judge the strength of a company is to look at how their financial strength and performance are rated by an objective rating agency. These ratings are a direct reflection of the care with which WoodmenLife manages our business.
WoodmenLife was assigned a rating of A+ (Superior) with a stable outlook for its operating performance in 2018 by A.M. Best. This is the second-highest rating out of 15 awarded.
In an industry based on long-term success, you want to invest your time and money with a company you can trust to perform. A company's investment philosophy directly affects its security, and is a vital factor in its growth and stability.
WoodmenLife does not chase profit to please stockholders; we pursue the best interests of our members. WoodmenLife has lasted more than a century by taking the long view and doing what’s right.
WEB3 - 3/9/2018