What is an organization that solicits insurance only to its members called?

An organization that solicits insurance only to its members is known as a fraternal benefit society. These societies are typically formed for mutual aid and benefit among their members who share a common bond, such as religious, ethnic, or occupational ties. They provide various types of insurance products, including life insurance and health insurance, exclusively to their members.

Fraternal benefit societies often offer additional benefits to their members, such as scholarships or recreational events, which help foster community and solidarity among members. This structure differentiates them from other types of insurance organizations, which may serve the general public without specific membership criteria.

The other options, such as mutual insurance companies and commercial insurers, provide insurance coverage to a broader market and are typically structured differently. A cooperative association focuses more on collective ownership and benefits rather than solely on providing insurance to a defined membership group.