Definitions for "Fraternal benefit society"
An organization that exists to provide social and insurance benefits to its members. In such a society, members often share a common religious, ethnic, or vocational background, although some fraternals are open to the general public.----------[ Back
Fraternal benefit societies are not-for-profit membership organizations with a representative form of governance providing more than 10 million Americans with insurance and other financial products, along with fraternal benefits, such as scholarships, educational publications and discount programs. Members gather in local chapters and receive financial and material support to enhance their communities through social outreach and grassroots volunteering. Operating in America for more than 150 years, fraternal benefit societies have positively impacted our nation.
a society, order or lodge that functions solely for the benefit of its member and their beneficiaries