As a seminarian, he was forced to leave school and return home to aid his family when his father died unexpectedly. It was a cold reality that had confronted Father McGivney all too often - not only in the lives of his parishioners - but in his own. And many, tragically, were dying young, leaving behind widows and orphans with insufficient financial resources. Many Catholics - most of whom were immigrants - were working and living in unfavorable conditions. McGivney, gathered the men of his parish together to create a solution to a recurring problem. It was there that our Venerable founder, Father Michael J.
KNIGHTS OF COLUMBUS LIFE INSURANCE FULL
There are a number of special features and benefits – often called riders – that are available on Knights of Columbus products, such as the full conversion rider, which gives you the option to convert your Accelerator Term Insurance to permanent coverage.Ĭontact your Knights of Columbus field agent today to learn more about our term life insurance products, and about the safety and security that we can help provide.The Knights of Columbus insurance story begins in the winter of 1882 in the basement of St.
You can have more than one beneficiary, and can divide up the proceeds proportionally. You decide who you want your death benefit to go to: a spouse, children, family, a trust, or even charity. Young Adult Insurance – A special product for Knights and their spouses ages 18-29 to help them start their insurance protection. What options do I have?ġ0 Year Term – Cover your family for 10 years, with our Accelerator Term Insurance series, which includes a unique opportunity to increase your coverage amount by 25%, to keep up with inflation and salary increases, for an extremely low cost.ġ5 Year Term – Cover your family for 15 years, with our Accelerator Term Insurance series, which includes a unique opportunity to increase your coverage amount by 25%, to keep up with inflation and salary increases, for an extremely low cost.Ģ0 Year Term – Cover your family for 20 years, with our Accelerator Term Insurance series, which includes a unique opportunity to increase your coverage amount by 25%, to keep up with inflation and salary increases, for an extremely low cost.Īnnual Renewable Term – Review and renew your coverage annually, with adjusted premiums and a level death benefit. So, if your health changes and you have an active term policy, you can secure permanent coverage that you may have otherwise have been denied. Depending on how you and your Knights of Columbus field agent customize your term insurance policy, you can convert some or all of your insurance to permanent coverage at a later date, without providing further proof of insurability. Our term insurance rates are guaranteed for the life of your policy, as is the amount of money that would be paid to your family should you pass away. Unlike permanent insurance, term insurance is temporary, and is designed to expire as your financial obligations expire. Knights of Columbus term insurance is designed to provide you with a maximum amount of coverage at affordable and competitive rates. Providing funds for your children’s college education in case of the unexpected.Įnabling your loved ones to pay off your personal debt – like credit card or auto loan debt – should you pass away suddenly. Supplementing or replacing your income in case you die, so that your family can continue to live with the same level of financial comfort that they did when you were alive. Shielding your family against the remaining payments on your mortgage, so that they aren’t drowning in debt or forced to move if you die unexpectedly.
Protecting your young family on a tight budget. Knights of Columbus term life insurance may be an ideal solution for people with time-bound financial obligations who are interested in: Term life insurance provides affordable protection to your loved ones for temporary needs. Term Life Insurance A Part of K of C's Suite of Insurance Products FIND AN AGENT JOIN
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