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Modern Woodmen of America Review

Modern Woodmen of America Customer Comments

These are comments left by site visitors who have completed a survey for this company. The comments are unedited and shown in the order the surveys were received. If you would like to participate, just click the "Take a Survey" button at the end of these comments.

"At least the rep was very nice, tried be helpful. Unfortunately, I have had a less than stellar experience with the company and its protocols. It was a matter of communication and logistics. I got up on my days off to meet with rep, sign on for a whole life ins policy and later on a Roth IRA, was asked when I'd like to have deductions, I chose the 15th for the ins only Roth was separately dealt. They instead deducted on the 1-5th. Over several months, tried to correct twice, in person with rep., one morning awoke to insufficient bank funds. We thought we'd had this fixed, now months into the policy. I always prep for funds to leave my account, keep very little in checking with no overdraft, for my protection, and told them this, which was why to prep on a certain date for deduction. Rep kindly discovered it's the company's choice, based on when policy beganput into system. He apologized for lack of attention to account, took responsibility for it. Then I ask How was he trainedwhy even ask my choice Why did he not know Did he know proper deduction protocol Poorly trained or not paying attention during Lack of company communication, hidden in small print I wanted to pull my funds then, but chose to keep in, try to be wise about this, just logistics. We were both patient, but then the month after that happened, by luck I checked email late at night to find a new much larger deduction not previously taken from my account, on... the 15th Didn't recognizenot told in advance about it, so called bank to stop pay. I was puzzled and over it now, plus the name taking it out was different, but I had a hunch, related to MW. I let my insufficient bank funds just be, which auto corrected two days later. Asked rep about the deduction, who told me was another portion of my account, apparently. No reminder, warning, etc. I asked if I could end policy and transfer my life ins funds to another account to save it by this time, I've really had it, and this rep really made me question his position, and who they hire. He didn't get that I don't have any fixed portion, because this was the amount I didn't recognize and stopped pay and called him about, it being the first time I'd seen this, didn't recognize it. I had to explain to him the whole deal with my account, esp. the math about what I was asking to have transferred. This made me question them as a whole, and now, the rep. Why was I not given at the start some sort of paper to describe exactly what amount, when, how, would be taken This was done, no problems for my Roth IRA, dealt with this rep's mngrr, I received clear paperwork. But nothing, except for one receipt I got at home, for this whole life insurance. In addition, they were very late to sign me upon for personal computer online setup. So I really am not happy about this, to conclude that this company andor rep are less than competent, and my money would be better used elsewhere, so to forfeit this account because these people are out to lunch, but I don't trust them anymore. So I lose money to an organization that gives so much to charity, how much do I have to lose in order to qualify to get my money back Thankfully, I was in for only a few months, but still, a loss when surrendered. Could have really used that money for Christmas, bank savings, put into next year's Roth, etc. Instead, I receive no tangible benefits. Too many inconsistencies, logistics issues, and lack of attention to my accountlittle communication. They say, save up. then you're condemned to have not, but this is why. Better for me to have stayed in bed on my day off, saved by transferring to my savings account. They lost my future monies across the next 10 years, totaling probably more than 120,000, plus the 2-yr Roth IRA I'm transferring out to my bank. Don't go with this company. Save yourself the petty grievances and worries. Go to your bank, or Fidelity Federal, or wherever. MW touts the social benefits, but apparently I'm not part of that social end, and you probably won't be either."
Commented on 2018-10-29 01:06:05 EST
"I have had life insurance with this company for 42 years and thought they were a great company until recently,when I found out what I had been told and promised when purchasing were lies. If you have this insurance , make sure before age 65 that you check on it or cash it out,or this billionaire company will get all your promises."
Commented on 2017-02-07 18:04:19 EST
"This is a terrible company that I will not recommend to anyone. They claim to offer Newborn benefits, but in the fine print if your baby does not live more than 5 complete days, then nothing is given. Our daughter died after two days, and when we called to verify this and see if anything could be offered, we were told that because of this limit our precious daughter was not a viable life, and the representative offered no condolences or answers in any way. This is obviously a money grab without mercy or concern because how many newborns made it past 5 days, and hospitals and funeral homes do not make such a distinction."
Commented on 2016-09-06 12:52:29 EST
"Trustworthy"
Commented on 2016-08-09 07:23:26 EST
"Leadership dishonest. Liars. Not a family company."
Commented on 2016-01-25 20:21:53 EST
"My mom died a couple of years ago and MWA paid on the claim within 2 weeks. They deposited the proceeds in an account and mailed me a checkbook so that I could access the money when I needed it. The account was paying 3% then and is still paying 3%. Easy company to work with."
Commented on 2015-10-08 13:14:02 EST
"Love the community of it. I have retirement, disability insurance, life insurance, and health insurance through them. I have had to use their services several times."
Commented on 2015-04-30 08:32:45 EST
"Very ethical company They are exactly what they say they are. Great service, gives back their profit to the community. Very strong financially"
Commented on 2015-01-26 11:06:40 EST
"A competitive rate that also makes you feel good about being a member by buying their coverage. Much of the money goes right back into the community where you live. the extra benefits of being a member are invaluable. It's an awesome company. "
Commented on 2014-08-12 14:29:12 EST
"Great Company"
Commented on 2013-11-21 19:34:05 EST
"I can't tell you how happy i am with Modern Woodmen. They keep their promises. They are about people not the greedy type that you often run into. My agent takes great care of my family and I. I tell all of my friends about them. If you want a company that has superior products and cares about your family then choose Modern Woodmen of America"
Commented on 2013-08-11 23:03:48 EST
"Our family really likes the companies fraternal events and benefits."
Commented on 2013-03-11 17:40:33 EST
"I was truly amazed how much better their Whole Life performed compared to every other company I looked at. Their agent was extremely knowledgeable and follow up was great. This is definetly a company that cares about their clients."
Commented on 2013-03-03 16:22:02 EST
"If you want safety and security see Modern Woodmen"
Commented on 2012-12-04 13:02:43 EST
"The benefits and the competative interest rates they provide are the best. The safety that my wife and I have enjoyed about our investments is very confronting as we enjoy our retirement years. Modern Woodmen will not put our money at risk and yet they still are very competative in any market. We have been with Modern Woodmen for over 20 years and will always be with them. "
Commented on 2011-01-18 06:32:57 EST
"the people at the pa. state office are very kind and helpful. I have had a number of questions answered by the staff that have helped me plan for my future. give then a try you will love the srevice."
Commented on 2010-12-15 09:20:40 EST
"Quality agents and company. Modern Woodmen helped my school to raise money for science kits. they also encourage members to give of there time in the community. I love the benefits I get from a company who has integrity."
Commented on 2010-11-27 20:31:16 EST
"Amazed on the cost difference from my previous insurance and I had had it for 4 years."
Commented on 2010-11-01 14:01:52 EST
"Agent did not prepare and/or write agreed upon policy. After reviewing policy, discovered key factors were missing. Agent never followed up on changing innsurance needs (no contact for three years). "
Commented on 2010-09-20 08:36:00 EST
"Agents are friendly and attentive plus they give a lot of money in our community."
Commented on 2010-04-16 12:17:11 EST
"I bought 2 certificates when I got married in 1995. I paid on the certificates quarterly. There was a period of 2 years I could not pay my premiums, yet the certificates remained intact."
Commented on 2010-03-23 21:27:31 EST
"Great service, excellent rates--benefit of being a fraternal company. High dividend rates too."
Commented on 2009-11-24 22:26:25 EST
"Modern Woodmen has awesome returns on their whole life..the best I have seen with the dividend system they use. They also have a new term program with a return of premium option that gives you your money back at the end of your term...its like free insurance when all is said and done...I LOVE IT! The customer service iss top notch and the agents are there when you need them all the time."
Commented on 2009-05-31 15:32:35 EST
"The company had the best rates and my agent is always available for me to reach if i have any guestions."
Commented on 2009-04-09 21:25:34 EST
"The representative was very well trained, caring, and honest. He did not pressure us into purchasing any type of certain policy but just educated us on the details of each and let us decide what was best for US. I also am a fan of the host of free benefits that come along with membership. Very impressed with this company..."
Commented on 2009-04-04 11:37:01 EST
"The life insurance man was trained, but when I rolled over an annuity they sent a young man that knew less about it than I did. So training could be better."
Commented on 2009-03-20 19:45:26 EST
"This company looks good on the outside but it operates like a closed corporation. They are very defensive and have internal power stuggles especially with their field force. While their motto is bringing families together, their internal operation dores not seem to verify that they are living up to that motto. The company's prouducts are average at best and their new reps are often poorly trained at the Agency level. "
Commented on 2009-03-20 10:30:45 EST
"For all those who think MWA is such a great organization, just wait until you have to deal with them regarding a claim. Then you will see who they really are."
Commented on 2009-02-28 15:49:40 EST
"This is a one of a kind organization, they improve the lives of the members and the communities in which they live."
Commented on 2009-02-08 10:55:57 EST
"Modern Woodmen is great. The fixed annuity is the best that I've found without risk and the highest rate of return without having to worry about the small print. My agent is well trained and very family friendly. I would encourage anyone to give them a call and check them out."
Commented on 2009-02-06 11:26:01 EST
"If you looking for a company that is financially strong and dedicated to helping others, this is the only company I would recommend."
Commented on 2009-01-17 16:51:46 EST
"This is a great fraternal life insurance society that keeps their promises. You get life insurance at competitive rates plus a host of fraternal benefits. "
Commented on 2009-01-16 07:13:47 EST
"This is the best kept secret out there. I can't believe even more people don't have their plans with Modern Woodmen. It is a financial services company that actually cares for their customers!"
Commented on 2008-12-18 14:44:47 EST
"they sold me whole life when i did not want that."
Commented on 2008-11-17 10:08:09 EST
"The most customer oriented company I know."
Commented on 2008-10-17 15:35:19 EST
"Modern Woodmen of America is an awesome company. I wish more people knew about this company."
Commented on 2008-10-13 13:57:42 EST
"I can't believe a company exist like this and not many people know about it. Modern Woodmen is a best kept secret!"
Commented on 2008-10-08 14:17:04 EST
"There agents are well trained and very personable"
Commented on 2008-06-17 16:22:55 EST
"Check them out. They are great."
Commented on 2008-06-17 13:42:49 EST
"Overall solid experience. My agent was exceptionally caring and professional. He did not push the sale, but rather allowed me to make the best decision for myself and my family based on the information he provided. Out of the 4 agents that I saw from various companies, Modern Woodmen is the one I chose based on the quality life insurance, Fraternal Benefits, and it's community involvement."
Commented on 2008-05-18 19:22:25 EST
"I love the friendly help I get from the main office when I call them. They always have time to help me and never make me feel like I'm bothering them."
Commented on 2008-03-10 21:40:31 EST
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