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 2018, WoodmenLife's outstanding financial performance once again included a total income of $1 billion and certificate reserves (funds held to guarantee future benefit payments) of nearly $8.5 billion.
WoodmenLife finished Fiscal Year 2018 with positive results including Assets of $10.95 billion1; and the steady growth of Insurance in force.
In addition, WoodmenLife's total surplus has consistently grown over the past seven years, reaching a record high of $1.43 billion in 2018.
One way to judge the strength of a company is to look at how its financial strength and performance are rated by an objective rating agency. Our rating is 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 financial strength and 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 seek 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 - 2/20/2019