Get Started

About BetterLife

BetterLife is a different kind of life insurance company.

BetterLife is a member-owned life insurance company that offers reliable protection, friendly service, and knowledgeable guidance, all with you and your loved ones in mind. We love what we do, and we are passionate about making a difference in our communities.

Our core values at BetterLife are:

  • Our members come first.
  • We know you and your community.
  • Supporting your community is what we do.
  • We are here for you today and tomorrow.

Our History

Our name BetterLife may be new, but the people and purpose behind the name are not. 

In January 2021, two member-owned fraternal benefit societies with similar histories came together to form BetterLife, a different kind of life insurance company. Both companies were founded over 115 years ago by “average”, hardworking Americans with the goal of providing affordable protection to families in their communities. Members of both societies came together to socialize, have fun, and help others.

BetterLife honors our rich, combined history by continuing to focus on what’s best for our members, while also finding new ways to serve you and your community.

What is a fraternal benefit society?

While many community-focused life insurance companies are moving away from using the term “fraternal benefit society”, you may still hear it from time to time.

Fraternal benefit societies are member-owned, not-for-profit organizations that offer life insurance products and other benefits to their members. Each society must have a system of local lodges, or branches, that govern the society and coordinate various social, educational, charitable, and patriotic programs for its members and the public.

Fraternal benefit societies operate much like a mutual insurance company, as they have no shareholders. Except for a reasonable reserve fund, all income from premiums and investments over and above the cost of operation, payment of claims, and maintaining of the reserves, is refunded to the insured members.

Because of their volunteer efforts and charitable programs, fraternal benefit societies are subject to Chapter 501(c)(8) of the Internal Revenue Code, and are thus tax-exempt.

Solutions Designed for You

At BetterLife, we know that everyone’s needs are different. When you speak with one of our agents, we’ll start by analyzing your specific, individual needs. Then, we take the time to create a customized recommendation and walk you through the options we feel are best for you.

Learn more about our life insurance and annuity options. To request an appointment with an agent, click here.


Meet with your local agent in-person, in a place that works for you, whether it’s your dining room table or your favorite coffee shop.

Over the Phone

A real person will give you a call to assess your needs, create your plan, and put your policy into place, all over the phone.


Chat with your agent over a video call, right from the comfort of your own home.

Your BetterLife Community

When you become a BetterLife member, you’re joining a community that will help you live a better life.

Our members’ communities are the heart and soul of our organization and we are committed to helping our members make a difference where it matters most.

Happy members of BetterLifeBetterLife is so much more than a life insurance company, and that’s what makes us different. We offer exclusive member benefits at no extra cost, along with the opportunity to connect with like-minded individuals in your local BetterLife member community group.

In your local member community group, you’re given the opportunity to gather with other members and families near you. BetterLife member community groups are all about caring, connecting, and supporting communities. They host fun social events, hold local fundraisers, and coordinate volunteer activities in the community. Learn more about joining your local BetterLife member community group here.

Your 2019 BetterLife community impact snapshot*:

Member Scholarships

$60,000+ in scholarships awarded

Volunteer Hours

160,000+ hours spent volunteering


$320,000+ raised by members

*Impact statistics are a combined total of National Mutual Benefit and Western Fraternal Life’s community involvement in 2019.