Fraternity is a term used to describe an organization or a society of people who share common interests. Fraternal insurance is a type of insurance that is offered through fraternal organizations. The main purpose of fraternal insurance is to provide financial protection to its members and their families in case of unexpected events. Some common synonyms for fraternal insurance include mutual insurance, lodge insurance, brotherhood insurance, and society insurance. These terms are used interchangeably to describe the same type of insurance. The choice of synonyms often depends on the specific organization offering the insurance. Regardless of the term used, fraternal insurance is designed to provide peace of mind to those who belong to fraternal organizations.