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Home > Health Insurance > Life Insurance > Woodmen Accident & Life Company
Woodmen Accident & Life Company
Life Insurance is a contract under which a company agrees to pay a stated amount to the beneficiary or beneficiaries named by the insured. Pure or term insurance provides a death benefit but has no current value. Ordinary life insurance and the many variations thereof provide a build-up of current value as well as a death benefit. Credit life insurance covers the balance due upon a loan if it remains outstanding when death occurs.
They are pleased to announce that effective October 1, 2003, Woodmen Accident and Life Company and Assurity Life Insurance Company, Woodmen’s wholly owned subsidiary, have been combined into one operating company using the Assurity name. While they are bringing the two companies together as Assurity, you can feel confident knowing that they are the same great company with the same commitment to quality service their policyholders and business partners have come to know and expect.
For over 113 years, Woodmen have been dedicated to serve their policyholders and they still continue to do so as Assurity Life Insurance Company. Both companies have earned an excellent financial strength rating from A.M. Best, independent insurance industry analysts. As with generations before, you can count on Assurity to be there when you need them most. Over the next few months until the transition to the Assurity name is complete, policyholders will continue to receive statements and other correspondence under the Woodmen name.
The mission of Assurity life insurance division is to become the life insurance company of choice by enriching the lives of their customers through quality products and reliable service, built upon a history of success.
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