Which type of insurer offers group insurance for members of a non-profit or charitable organization?

The correct choice is B, as a Fraternal Benefit Society is specifically designed to provide group insurance to members of a fraternal or charitable organization. These societies operate on a not-for-profit basis and offer various types of insurance to their members, promoting social interaction and mutual aid within the group.

Fraternal Benefit Societies often have specific eligibility requirements for membership, which commonly include being part of a particular community or sharing a common religious, social, or professional interest. This structure enables them to offer insurance products, including life and health insurance, at competitive rates primarily to their members. Their existence revolves around the principle of providing financial benefits and support to their members during times of need, which aligns well with the goals of non-profit and charitable organizations.

Understanding the other options helps put this in context. Health Maintenance Organizations (HMOs) primarily focus on providing health care services to members for a pre-paid fee and may not offer group insurance in the same sense. PPOs (Preferred Provider Organizations) also provide health insurance but are structured differently, typically involving a network of providers rather than focusing on non-profit groups. Mutual Insurance Companies are owned by policyholders and offer various insurance products but do not specifically target member groups based on non-profit or charitable