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fraternal benefit society

A fraternal benefit society is an organization of people who usually share a common ethnic, religious, or vocational affiliation.

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fraternal benefit society

A fraternal benefit society is an organization of people who usually share a common ethnic, religious, or vocational affiliation.

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This type of society may provide insurance to its members. Fraternal insurers are primarily life insurance providers, and many are church-related. Their insureds are typically members of the society or religious body.