Woodmen of the World

Woodmen of the World is a fraternal benefit society that offers life insurance, annuity and investment products and services to families and businesses. It was founded in 1890 and is currently headquartered in Omaha, Nebraska. It also markets, through its relationships with other insurance companies, products such as medical insurance, critical illness insurance and disability income insurance. Below is a brief overview of products and services offered by Woodmen of the World: Life Insurance: Life insurance products offered by Woodmen of the World include Term life insurance that provides coverage for a fixed period of time, Whole Life insurance that provides protection for entire life and guaranteed cash value, Universal Life insurance that provides flexibility of insurance and premium amounts according to the requirements. It also offers Family Term Life insurance that covers an entire family comprising of two adults and all eligible children. Annuities: The annuities product range offered by Woodmen of the World includes Fixed Annuities that provide tax-deferred growth and principal protection, Variable Annuities that allow customers to choose investment options from different funds and provide returns based on market performance and Income Annuities that provide a regular stream of income for lifetime. IRAs: Woodmen of the World offers Traditional IRAs and Roth IRAs to individuals. It also offers Simplified Employee Pension plan (SEP) IRAs and Savings Incentive Match Plan for Employees (SIMPLE) IRAs for small businesses. College Savings: A 529 College Savings Plan and Coverdell Education Savings Account are available that allow for saving funds for funding college education. Mutual Funds: Woodmen of the World offers, through its wholly owned subsidiary Woodmen Financial Services, Inc., mutual funds that allow customers to invest their funds in a diversified portfolio under professional guidance of experts.