benefit society

(redirected from benefit societies)

benefit society

n
(Insurance) a US term for friendly society
References in periodicals archive ?
KUWAIT, July 8 (KUNA) -- Director of Kuwait Society for Human Rights (KSHR) Mohammad Al-Humaidi on Wednesday urged local public benefit societies to work for a unified comprehensive and effective strategy to encounter "culture of hatred" and enhance coexistence, tolerance, and accepting the other.
11, 2014 /PRNewswire/ -- A new study released by the Center for Financial Policy at the University of Maryland demonstrates that fraternal benefit societies contributed an average of $3.
That's a relevant benefit not only for fraternal members--but also for the individuals and organizations supported by fraternal benefit societies in communities across the country every day.
Fraternal benefit societies are nonprofit, mutual aid organizations that insure members and their families against death, disease and disability, and maintain an active lodge system.
Cordery begins his study with the development of the friendly societies, tracing their roots to the mutual benefit societies brought to London by Huguenot refugees from France in the 1680s at a time "when poverty was gaining a high profile .
In his fascinating but strangely affectless new book, Beito tells the remarkable story of fraternal organizations--all those Masons, Moose, Oddfellows, Woodmen, and so forth--as mutual benefit societies that enabled vast numbers of Americans to safeguard their families without the stigma of charity or the snare of long-term dependence.
120, Accounting and Reporting by Mutual Life Insurance Enterprises and by Insurance Enterprises for Certain Long-Duration Participating Contracts, applies to mutual life insurance enterprises, assessment enterprises and fraternal benefit societies, all of which are referred to as mutual life insurance enterprises.
A new study released today finds that fraternal benefit societies, not-for-profit mutual aid associations created more than a century ago, continue to provide very large benefits to the communities in which they are located.
5, 2011 /PRNewswire-USNewswire/ -- The nation's premier association of fraternal benefit societies has adopted a new identity to better reflect its purpose, membership and value to communities throughout the nation: American Fraternal Alliance.
Fraternal benefit societies also have volunteer programs serving a variety of interests, including church support, educational scholarships and preservation of ethnic heritage.
The day was developed by America's fraternal benefit societies in partnership with the Points of Light Foundation and the Volunteer National Network.
20 /PRNewswire/ -- At a time when growing numbers of Americans are in acute need of economic help, a new Georgetown University study finds that fraternal benefit societies are providing billions of dollars in direct and indirect economic support to allay community needs and support social structures.