Financial Stewardship
We take our stewardship of our members’ money very seriously. We strive to ensure that every dollar is spent prudently and with all members in mind. Through our role as a fraternal in our community, we work to ensure that we are doing good work with our members’ money through our member benefits of our lodge system, youth camps and schools of dance, as well as through our charitable giving and volunteer efforts. For generations, our valued members have looked to us to provide life insurance protection and financial investment opportunities. Using the same conservative perspective that has guided our leaders for decades, our officers strive to invest in stable portfolios.
Financial Statement Summary as of 12/31/2023
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Admitted Assets
$247,910,938 -
Liabilities and Policy Reserves
$241,433,051 -
Insurance in Force
$1,008,310,669 -
Gross Surplus
$6,477,887
Hermann Sons Life holds a Financial Stability Rating® (FSR) of S, Substantial from Demotech, Inc.
Solvency Ratio
A wide margin of assets over liabilities can be a significant safety factor.
This ratio indicates financial soundness and the company’s ability to meet all financial obligations.
Hermann Sons Life’s Solvency Ratio is $102.67.
Home Office – 800-234-4124.