Insurance

http://www.kofc.org/un/en/insurance/index.html


 

About Knights of Columbus Insurance

Since our founding in 1882, the primary mission of the Knights of Columbus has been to protect families from the financial ruin caused by the death of the breadwinner.  In the beginning, Venerable Father Michael J. McGivney and his fellow Knights “passed the hat” to benefit widows and orphans.  From that humble start, the Order has grown to include top-rated life insurance, long-term care insurance and retirement products.  With more than $77 billion of insurance in force and a full-time field force of more than 1,400 serving our members and their families, we are proudly fulfilling Fr. McGivney’s vision.

The best way to learn about our products is by arranging a visit with a local field agent. Your agent can custom design an insurance program to meet your current needs, help you plan for the future or simply explain the many fraternal benefits that come with membership. To contact the agent in your area, use our convenient Find An Agent feature.

For more information on joining the Knights of Columbus or to

inquire about insurance contact Mark Schall (570) 398-7763.

 


Family Fraternal Benefits

Being a member of the Knights of Columbus is an opportunity to be part of the largest Catholic lay organization in the world. Being an insured member means you’ve taken full advantage of the benefits of membership. Avail yourself and your family of our full line of life insurance, retirement and long-term care products and you’ll help chart a course to safe waters in your financial future.

In addition to our strong, secure products, there are Family Fraternal Benefits that can help our members facing unique needs. Many of these benefits are unique to the Knights of Columbus and our members. Some of these benefits include:

  • Guaranteed life insurance benefits for uninsurable children
  • Death benefits available for stillborn or miscarried children
  • Orphan benefits
  • Member/spouse accidental death benefits

Why Choose the Knights of Columbus?

The Knights of Columbus are strong

The Knights of Columbus is a fraternal benefit society that is strong, secure and stable. Members can be confident that we’ll be here when you need us. We’ve been successfully protecting families since 1882, and our outlook remains bright.

Don’t just take our word for it.

  • Standard & Poor’s has given us their highest rating (AAA, Extremely Strong) for 18 consecutive years.
  • A.M. Best has bestowed on us their highest rating (A++, Superior) for 35 consecutive years.
  • The Insurance Marketplace Standards Association (IMSA) has given us their certification for our ethical business and marketing practices.

Only three insurance companies in the United States can claim these three accolades. In Canada, we stand alone with these endorsements.

Remember, in 2009, the Knights of Columbus gave more than $150 million to Catholic and other charitable causes. In these uncertain times, find comfort in an organization that leads the way in doing good for others while doing good for our own.

 

The Knights of Columbus are secure

Since 1882, we have been committed to protecting the financial futures of our Knights and their families. We do this by paying claims and dividends to our insured members. In 2009, we paid well over $431 million in death claims and other benefits, and more than $309 million in dividends to our policyholders. Even more impressive is the fact that from 2000 to 2009 the Knights of Columbus paid $3.191 billion in dividends to insured members.

 

The Knights of Columbus are stable

Prudent leadership and management has led to the rapid growth of our assets, providing an adequate foundation for our member’s protection, and securing our obligations to our insured and their beneficiaries. Also, because we are a fraternal benefit society, we have no stockholders. Our owners are our members and we return our good fortune in the form of dividends to our policyholders.