Insurance
Knights of Columbus insurance has been “Making a Difference for Life” for more than
129 years. Since our founding in 1882, our primary mission has been to protect families against the financial ruin caused
by the death of the breadwinner. Today we do this, and help families secure their financial futures, through our top-rated
portfolio of life insurance, long term care insurance and annuity products.
Why Choose Us?
Our Beginnings; A Sanctuary
In the late 19th century, North America was experiencing an influx of people from all over
the world, particularly Europe. Many people were relegated to living in unsanitary conditions, and performing hazardous jobs
for poor pay. Such was life for Catholics in New Haven, Connecticut.
The untimely death of the family breadwinner
often devastated a family. In 1882, a young Catholic priest, Father Michael J. McGivney, curate at St. Mary’s Church
in New Haven, envisioned an organization to help Catholic families deal with this crisis. Out of his vision the Knights of
Columbus was founded. We are currently the largest Catholic, family, fraternal organization in the world, and boast a members-only
insurance program that is among the strongest in the industry.
As a member of our organization, you enjoy the opportunity
to participate as a family and positively affect your church and community. One person can make a difference. With 1.7 million
members, the Knights of Columbus’ impact is enormous. Last year alone, we donated $151 million to charitable causes,
and performed over 64 million hours of community service. That’s impact!
We have over 1,200 full-time life
insurance professionals dedicated to serving member’s needs. Each is assigned exclusively to a group of members and
families so that he’ll be there when you or your family needs him. These agents are members of our organization and
share our members’ ideals and goals in community service..
Promised Benefits
From its humble beginnings, our insurance program has grown into a formidable institution, providing
billions of dollars in future death benefits to our members and families.
Financial Strength
Prudent management has led to the rapid growth of our assets, providing adequate backing for
our member’s protection, and securing our obligations to our insureds and their beneficiaries.
Ownership Benefits
Because we’re a Fraternal Benefit Society, we have no stockholders. Our owners are our
members. We return our good fortune in the form of dividends to our policyholders.
Family Fraternal Benefits
Membership Means More
The Knights of Columbus offers special benefits of membership. Among these are unique programs
that exist exclusively for K of C families faced with needs that often fall outside traditional insurance plans. The Family
Fraternal Benefits package, available to all our good-standing members and their families, adds value to membership in our
organization.
- Guaranteed Life Insurance Benefits for Uninsurable Children
- Death Benefits Available for Stillborn/Miscarried Children
- Orphan Benefits
- Member/Spouse Accidental Death Benefits
Our Evolution
When our organization began, in order to help each other, our members “passed the
hat” to assist families of deceased members. Soon, however, this became impossible, as the number of our members grew.
Out
of this simple process, we've evolved into a modern, dynamic insurance organization, and offer a wide variety of products
to suit virtually everyone’s needs.
- Permanent Plans – Policy lasts as long as you live, premium stays the same.
- Term Plans – Policy ends at end of specified term: renewable or convertible.
- Annuities – Provides an income that is guaranteed for life.
- Long Term Care – Provides funds for long-term, out-of-hospital care.
