The Sovereign Friendly Society is a private, protected Friendly Society located in the Bahamas for the sole purpose of serving the financial needs of our member community.
The Sovereign Friendly Society specializes in membership services offered exclusively to our private member community including a wide range of Insurance, Banking Services and Investment options.
Stop worrying about the security risks of holding cash. Cash collection and account credit allows you to pay bills, pay employees and pay taxes all online.Learn More
Your vaulted cash is not generating a "Return on Investment", so we have solid investment opportunities to get your cash to work!Learn More
Whether you need Workman's Comp Insurance or Crop Insurance, we have a portfolio of insurance services to meet every need.Learn More
The first Friendly Society Membership established in the Bahamas was founded in 1834 in Nassau on Emancipation Day. Friendly Societies have evolved a great deal since then to stay current and relevant. Today, a Friendly Society (sometimes called a mutual society, benevolent society, fraternal organization or ROSCA) is a mutual association for the purposes of insurance, pensions, savings or cooperative banking. It is a mutual organization or benefit society composed of a body of people who join together for a common financial or social purpose. Notable examples of companies operating in the United States that were formed as Friendly Societies are Prudential Insurance and the American Association of Retired Persons (“AARP”). The Sovereign Friendly Society offers a number of Membership options designed for our private community creating cost-effective, efficient resources for our members. SFS is a vehicle to provide sophisticated, high-tech membership services for you, your family and your business.
No Renewal Fees
We have amazing members who love to share their experiences in order to encourage you about the benefits of becoming a member.
The biggest benefit with my membership and participation in SFS is the opportunity to build relationships with my colleagues in the cannabis industry. The Medical Marijuana space is a close-knit community, and SFS affords us the platform to share ideas, celebrate accomplishments, and collectively advocate for the advancement of the industry.
SFS is something that has given me the chance to "give back" to my family, friends and associates - through my advocacy efforts on behalf of the SFS in recognizing achievements in both big and small ways, my membership in SFS has been an integral part of my professional career, providing me with numerous opportunities to network and enhance my credibility as a professional. I choose to be a member of SFS; it is an organization 100 percent dedicated to advancing the MMJ community.
My main reason for joining SFS is the dedication to my profession. Not only do you give, promote and engage with your members, there is exceptional attention given to professionalism and customer service. That is hard to find in our industry.
I have a great appreciation for the way that SFS promotes our profession and recognizes MMJ as a legitimate and scientifically proven alternative to chemical pharmaceuticals. The SFS communicates our collective interests to the public, to lobbyists, to legislators, and to law enforcement. When I talk to people about what we do, I can't get the message out to people on the scale that SFS does. If you are involved in the MMJ space, you owe it to yourself to become a member of the SFS.
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