KofC Long Term Care

Jul 12, 2014

A message from our Insurance Agent, David Rhodes: — Brother Knights, As many of you know, we have a superb Long Term Care (LTC) offering. Our policies range from very small coverage (and cost) to fully Comprehensive policies that last for a lifetime, with inflation protection, and more. (we actually have approx. 71,000 different configurations of our offering). However, as of July 21st, we will be dropping our “Lifetime Benefit” option from NEW policies, and replacing it with a “10-year” option ON NEW POLICIES. If you already have a lifetime LTC policy with us, it is fully guaranteed. I believe we are the last major insurance company in the world that is still offering a Lifetime Benefit option. There are multiple reasons for changing our offerings, but (my guess) is that our offering was...

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Jan 30, 2014

The Knights of Columbus recorded its 13th consecutive year of growth in insurance sales with nearly $8.2 billion in new life insurance sold. The record sales are part of the organization’s impressive 89 percent growth in business since 2003. The Knights logged $72 billion in new insurance over the last 10 years, making for an annual growth rate in new policies of 4.6 percent despite recession and slow economic recovery during the second half of that period. With nearly 93,000 new contracts issued in all lines of business in 2013, the K of C now has nearly 2 million contracts in force. Read more at the KofC Supreme...

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A Note From Our Field Agent

Jun 21, 2013

Mini Topics 1. Many of you have permanent life insurance; insurance that will last until you die. Many of you have insurance through your company that will only last while you work (take it! it is a great benefit!). In my dealing with members who have passed away – even those with substantial assets – I have learned that even small life policies ($15-25K) are often needed to cover the expenses that are created just a few days after death. Those without a “burial policy” are too often financially (and emotionally) taxed in the short term. A small policy on each of you can remove at least one hurdle for the surviving spouse or children. Please consider it. 2. Teaching your children fiscal responsibility, saving for college, and locking in a child’s health (for...

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