Modern Woodmen maintains excellent financial strength rating from AM Best

AM Best, an independent rating agency, has affirmed Modern Woodmen of America's A (Excellent) financial strength rating, with a stable outlook. This is the third highest of 13 ratings, assigned to companies that have an excellent ability to meet ongoing insurance obligations.

AM Best also affirmed Modern Woodmen's a+ (Excellent) Issuer Credit Rating and stable outlook. The a+ rating is the fifth highest of 21 ratings.

These ratings were affirmed due to Modern Woodmen's strong balance sheet, and a well-defined risk management program. Modern Woodmen also benefits from a diversified product portfolio across whole, term, and universal life, as well as fixed and variable annuities. The organization is well positioned to improve their product mix with future products in the pipeline.

To learn more about Modern Woodmen's financial results and industry ratings, visit the Financial Strength page.

About Modern Woodmen

Modern Woodmen of America was founded in 1883 to clear financial burdens - not trees. As a fraternal financial services organization, Modern Woodmen's products and programs support financial security, quality family life and community impact - the common bonds that unite our members nationwide.

About AM Best

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.