Key Takeaways

• Royal Neighbors combines traditional life insurance with fraternal benefits and community support
• Their Ensured Legacy final expense series offers simplified issue, graded, and guaranteed issue options
• Unique benefits include a no-cost charitable giving rider and member-exclusive programs
• Coverage available for ages 50-85 with face amounts up to $40,000 for final expense products
• Strong financial stability with an A- (Excellent) rating from AM Best

If you’re researching life insurance options that offer more than just financial protection, Royal Neighbors of America deserves your attention. This fraternal benefit society has been providing insurance coverage since 1895 while supporting community initiatives and offering member benefits. But is their coverage the right fit for your needs? Our comprehensive review examines their products, underwriting approach, and unique advantages to help you make an informed decision.

What is Royal Neighbors of America?

Founded in 1895, Royal Neighbors of America stands out in the insurance marketplace as a fraternal benefit society rather than a traditional insurance company. This distinction means policyholders become members of the organization, gaining access to benefits beyond just insurance coverage.

With over 125 years of history, Royal Neighbors has maintained financial stability while staying true to its mission of empowering women and serving communities. Their A- (Excellent) rating from AM Best demonstrates their solid financial foundation and ability to meet policyholder obligations.

Royal Neighbors Life Insurance Products: What They Offer

Ensured Legacy Series: Final Expense Coverage Options

Royal Neighbors’ final expense portfolio includes three distinct options designed for different health profiles:

All Ensured Legacy products feature:

• Electronic application with 6-digit verification codes
• DocuSign capabilities for remote completion
• Electronic funds transfer payment options
• No medical exam requirements

Jet Whole Life: Traditional Permanent Coverage

For those seeking higher coverage amounts, Royal Neighbors offers their Jet Whole Life product:

• Ages: 0-80 (including juvenile coverage)
• Coverage: Up to $500,000 with accelerated underwriting for qualifying applicants
• Benefits: Lifetime protection with cash value accumulation
• Included Features: Accelerated death benefit for critical, chronic, and terminal illness
• Optional Riders: Accidental death benefit, child rider, cancer waiver of premium

Product Availability Limitations

It’s important to note that Royal Neighbors products are not available in all states. According to their carrier guide, the Ensured Legacy series is not available in Alabama, Alaska, Hawaii, Louisiana, Massachusetts, New Hampshire, and New York.

What Sets Royal Neighbors Apart: Unique Benefits

Fraternal Advantage: More Than Just Insurance

As a fraternal benefit society, Royal Neighbors offers several distinctive advantages:

1. Scholarship Programs: Members and their families can apply for educational funding
2. Community Impact Opportunities: Participation in volunteer initiatives and local chapters
3. Member Discounts: Access to savings on various products and services
4. Disaster Relief Assistance: Support for members affected by natural disasters

Charitable Giving Component

One of Royal Neighbors’ most compelling features is their charitable giving component, which allows policyholders to designate a portion of their death benefit to support a nonprofit organization at no additional cost. This unique rider enables policyholders to leave a legacy beyond their family, supporting causes they care about.

Consumer Experience: What to Expect

Application and Policy Management

Royal Neighbors maintains an agent-centered distribution model with digital application capabilities:

• Guided Process: Professional assistance throughout the application journey
• Electronic Verification: 6-digit verification codes for identity confirmation
• Digital Documentation: Electronic policy delivery
• Member Portal: Online access to policy information and member benefits

Customer Service Approach

As a fraternal organization, Royal Neighbors emphasizes relationship-based service:

• Agent Support: Primary service relationship through the selling agent
• Member Services: Dedicated support for membership benefits
• Claims Processing: Streamlined procedures for beneficiary assistance
• Community Connection: Local chapter involvement opportunities

How Royal Neighbors Compares to Competitors

Who Should Consider Royal Neighbors Life Insurance

Ideal Candidate Profile

Royal Neighbors’ offerings align particularly well with several consumer segments:

1. Community-Minded Individuals: Those valuing the charitable giving component and social impact
2. Women Seeking Empowerment: Consumers connecting with the organization’s historical mission
3. Simplified Issue Seekers: Those preferring limited health questioning
4. Permanent Coverage Buyers: Consumers seeking whole life rather than term protection
5. Moderate Coverage Needs: Those seeking protection within Royal Neighbors’ coverage limits

When to Consider Alternatives

Royal Neighbors might not be the best fit if you:

1. Need Higher Coverage Amounts: Require protection exceeding their maximum limits
2. Prefer Term Insurance: Primarily interested in temporary rather than permanent coverage
3. Live in Excluded States: Reside in states where their products are unavailable
4. Prioritize Digital Self-Service: Prefer comprehensive online account management