Why Should I buy Life Insurance from the Knights of Columbus?

I am often asked that question by concerned Brother Knights and their families. Although the reasons are obvious, they are sometimes forgotten. Consider the list below. These are facts about your Fraternal Life Insurance Company, the Knights of Columbus. If you considering doing business with another company, ask yourself...Do they offer this for my family?

  • Has the highest rating assigned by Standard & Poor's and the AM Best companies.
  • Supports Catholic Colleges and Universities with grants, and endowments.
  • Provides Scholarship Programs for sons and daughters of members who attend Catholic colleges and universities.
  • Helps to educate Catholic Priests and Brothers.
  • Pays one of the highest dividend rates in the industry.
  • Provides scholarships to sons and daughters of member policemen, firemen and military personnel who are killed or permanently disabled in the line of duty as the result of criminal violence .
  • Provides charity to victims of disaster or calamity.
  • Campaigns against pornography and smut.
  • Provides money and aid in the campaign against abortion.
  • Provides insurance at standard rates for member's children who are mentally retarded.
  • Provides money for aid to the mentally retarded.
  • Provides information to people about the Catholic faith.
  • Provides low interest loans to Catholic churches and seminaries for building construction, mortgages, etc.
  • Promotes youth activity organizations which are intended to make youth morally and religiously responsible.
  • Provides FREE accidental death benefits for members and spouses.
  • Provides a Family Fraternal Benefit with an Orphan's benefit for members participating in the insurance program.
  • Provides all Permanent Policies of $50,000 and over have an "Accelerated Benefit Option (ABO)". This option allows the owner to request a partial advanced payment of the policy's death benefit while living. If the insured has a life expectancy of twelve months or less, and that is attested to by a physician, the Knights of Columbus, upon the owner's request, will pay up to 50% of the base policy's face amount before death occurs (up to a $100,000 limit).

This is just a partial list. Remember, premium is not the only consideration when buying life insurance. You may find cheaper insurance elsewhere, however consider all the facts. You are a fraternalist and you should support your Fraternal Order. After all, why did you join the Order?  "We are Brothers helping Brothers and providing for the care and welfare of our Catholic widows and orphans."

Contact Dave Bailey, FICF for Details