The Knights of Columbus is known throughout the world for its charitable giving and its tireless service to the Church. But since its founding, the Knights has had another way to minister to Catholic families: its insurance program. Beginning with the Order’s first insurance member – our founder, Father Michael J. McGivney – the Knights have sought to provide financial protection to prevent against devastating hardship. Here are a few numbers that will help you understand how the Knights of Columbus Insurance program is doing today:
$100 Billion. That’s the amount of “in force” coverage the Knights of Columbus has. Put differently, the Knights of Columbus has active policies which are expected to pay out death benefits to members and beneficiaries in the total amount of $100 Billion. It’s $100 Billion of real money, of financial protection for Catholic families made possible by the Knights of Columbus and their insurance products. We are the only Catholic insurer in North America to exceed $100 Billion of life insurance in force.
$21 Billion. The Knights of Columbus manages $21 Billion of assets from their international headquarters in New Haven, Conn., putting the Knights in the top five percent of largest life insurers in North America. We manage our assets in an ethical and responsible way. We do not invest in companies that deal in: abortions, contraception, human cloning, embryonic stem cell research, for-profit healthcare that pays for any of the aforementioned, or pornography.
2 Million. The Knights of Columbus has more than two million active contracts in force. That means that hundreds of thousands of brother Knights have elected to help protect their family and their futures with us.
15 Years. That’s the number of years in a row that the Knights of Columbus insurance program has continued to grow in sales. Despite a rough economic climate, we have sold more insurance each year since 2000.
40 Years. That’s the number of consecutive top-mark ratings we’ve earned from A.M. Best. Since 1975, the Knights of Columbus has earned the highest rating possible for financial strength (A++, Superior).
There’s never been a better time to turn to the Knights of Columbus to help protect you and your family. Contact me today, and I’ll be more than happy to tell you more about the wonderful benefits that the Knights of Columbus Insurance program has to offer.
Fraternally,
Philip De Leon
(916) 607-1645
philip.deleon@kofc.org
www.philbetterinsured.com