Providence offers favorable rates and no administrative fees.
The Providence Association is a Ukrainian catholic fraternal benefit society and life insurance company.
Established in 1912, The Providence Association, or “Провидіння” in Ukrainian, is a fraternal benefit society. We are a civic organization that satisfies members’ needs for fraternal and social interaction, charitable activities and religious expression.
We provide our members and their families with affordable life insurance protection and mechanisms for retirement, education and other savings. Furthermore, we strive to be an important part of a large Ukrainian Catholic community in the tristate area.
Take a moment to read Our History and mission.
We are most proud of our role as an organizer, facilitator and supporter of various efforts that support our community and catholic church.
Why Providence?
For over a century Providence has been dedicated to its mission of helping and supporting members, our church and culture. Of course, there are many companies that offer similar products, but Providence is the best choice for our people and the Ukranian community.
Financial Stability
The Providence Association has been in thriving for over a century, surviving The Great Depression, two World Wars, and many stock market corrections. In addition to this, Standard Analytic Services, Inc. has reported: “…the analysis made of [Providence Association] is favorable in comparison with the aggregate averages of 25 of the largest companies [Aetna, Allstate, Hartford, MetLife, New York Life, Prudential, Travelers, etc., in America.”
Capital preservation for the Catholic Church and our community
Unlike commercial life insurance companies, Providence preserves assets within the Ukrainian-American community. Any profits earned do not benefit stockholders and CEOs, instead, they directly benefit the Church, charities, as well as cultural organizations. Hence, by being a member, you are actively preserving the commonwealth of the Ukrainian community.
If you are interested in donating life insurance or other product to benefit your church or charity, we can help you come up with an ideal plan.
Affordable Rates
Providence’s rates are reasonable and affordable; they compare favorably to commercial insurance company rates. Additionally, we can provide significant benefits to those who may not qualify for commercial insurance. There are no administrative fees or loads, thus, every dollar will work for you and your loved ones.
Personalized Service
We treat our members with respect and attention. Fortunately, most of us speak Ukrainian. Also, we understand that much of the jargon associated with financial matters may be difficult to translate. Therefore it is our goal to provide you with all the information you may need to make the right decision.