What is a fraternal benefit society?A fraternal benefit society is a not-for-profit membership organization that unites people who share a common bond (such as faith) and provide them with opportunities for financial security and community service.
What is Catholic Order of Foresters?Catholic Order of Foresters is a century-old Catholic fraternal benefit life insurance society dedicated to providing members with financial security and opportunities for spiritual, social, and charitable growth.
How financially strong is Catholic Order of Foresters?
Catholic Order of Foresters has more than $4 billion of life insurance in force. For more information, click here.
Effective October 2022, the A.M. Best rating of COF is B++.1
In November 2022, KBRA affirmed COF's rating of A-.2
1AM Best rating of B++ (Good) is the fifth-highest out of 13 rankings. Effective 10/2022. Financial strength rating measures an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations.2KBRA rating of A- (Stable) is the seventh-highest out of 23 rankings. Rating affirmed 11/2022. KBRA’s insurance financial strength rating is a measure of the overall financial condition of an insurer with respect to its ability to meet its policyholder obligations.
Is Catholic Order of Foresters FDIC insured?
COF is not FDIC insured. It ranks among the 10 largest fraternal life insurance societies in the United States.