It is an international
fraternal benefit society which is governed by its members and has no shareholders.
«More than a life insurance provider, Foresters is
a fraternal benefit society which means we're a member - governed organization with no shareholders.»
Not exact matches
This carrier is known as a
fraternal benefit society,
which means that, unlike a traditional stock life insurance company, Foresters is a not - for - profit company that provides mutual aid or
benefit to its members.