What is NOT a characteristic of Fraternal Benefit Societies?

The correct choice highlights that Fraternal Benefit Societies are not primarily engaged in profit-making activities. These organizations operate as nonprofit entities focused on providing benefits and services to their members rather than generating profits for shareholders.

Fraternal Benefit Societies are designed to offer various types of insurance or benefits to their members, such as life insurance, health insurance, and retirement benefits. They often create a sense of community among their members, who share similar interests or backgrounds. Additionally, these societies typically engage in charitable activities to support their members and the community, reinforcing their commitment to mutual aid and support rather than profit.

This emphasis on their nonprofit nature and community-focused objectives distinguishes Fraternal Benefit Societies from traditional insurance providers that prioritize profitability.