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| NEWS RELEASE | |
| FOR IMMEDIATE RELEASE | 4/26/02 |
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A.M. Best Rates Woman's Life® "Excellent" |
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PORT HURON, MI Some of the best life insurance and annuity products available have been offered in Port Huron, Michigan since 1892. A.M. Best, a company that rates insurance companies based on financial strength and ability to meet ongoing obligations to policyholders, affirmed Womans Life Insurance Society® as A- (Excellent) in its March 2002 report. A.M. Best reports are released annually. In addition to citing the Societys strong capitalization and refocused distribution system, A.M. Best cited in its report the Societys established presence of over a century as the provider of financial security to women and their families through fraternal benefits and insurance programs as a significant reason for its favorable rating rationale. This rating reflects our ability to manage our investments with skill, administer our assets through prudent stewardship, and conduct our internal affairs with care, said National President Janice Whipple. Womens Life is a fraternal organization that has been focused on the financial needs of women for well over a century. It was founded by a Capac, MI schoolteacher, Bina M. West, when very few women had access to life insurance or any forms of financial independence. West became determined to enable women to obtain life insurance after two of her brightest pupils were forced to abandon their educations following the death of their mother. Today, Womans Life® is 60,000 members strong with local chapters across the United States, serving communities through social events, community service activities, educational programs and leadership programs. Through grassroots efforts, local chapters have put millions of fundraising dollars back into their communities. Womans Life Insurance Society® is located in historic downtown Port Huron, where it has been since 1917. The two-story limestone building is classified as a Michigan historic site. |
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