MyCity
About
State
Insurance Department
This license allows a fraternal benefit society to operate an insurance business. The business can provide life, accident and sickness, and accidental injury benefits to its members and their families.
A fraternal benefit society is legally defined by the Internal Revenue Service as an organization that is:
- aimed towards a common goal;
- defined by a fraternal purpose;
- operating under the lodge system; and
- responsible for the payment of life, sickness, accident, and/or other insurance and benefits.
Societies from outside of New York State will need a separate license.
Additional resources
NYS Department of Financial Services (DFS)
Address
Life Insurance Bureau
One Commerce Plaza
Albany NY 12257
Life Insurance Bureau
One Commerce Plaza
Albany NY 12257
Website
http://www.dfs.ny.gov/
Email
alblif@dfs.ny.gov
Phone
(518) 474-7929