Why Choose Us?
We are strong
The Knights of Columbus is a fraternal benefit society that is strong, secure and stable.
Members can be confident that we’ll be here when you need us. We’ve been successfully protecting families since 1882,
and our outlook remains bright.
Don’t just take our word for it. There is no more highly rated insurer in North America than the Knights of Columbus.
A.M. Best has bestowed on us their highest rating (A++, Superior) for 37 consecutive years.
Remember, in 2012, the Knights of Columbus gave more than $155 million to Catholic and other charitable causes. In these uncertain times, find comfort in an organization that leads the way in doing good for others while doing good for our own.
We are secure
Since 1882, we have been committed to protecting the financial futures of our Knights and their families. We do this by paying claims and dividends to our insured members. In 2012, we paid well over $487 million in death claims and other benefits, and more than $349 million in dividends to our policyholders. Even more impressive is the fact that in the past decade, the Knights of Columbus paid more than $3.4 billion in dividends to insured members.
We are stable
Prudent leadership and management has led to the rapid growth of our assets, providing an adequate foundation for our member’s protection, and securing our obligations to our insured and their beneficiaries. Also, because we are a fraternal benefit society, we have no stockholders. Our owners are our members and we return our good fortune in the form of dividends to our policyholders.
Being a member of the Knights of Columbus is an opportunity to be part of the largest Catholic lay organization in the world. Being an insured member means you’ve taken full advantage of the benefits of membership. Avail yourself and your family of our full line of life insurance, retirement and long-term care products and you’ll help chart a course to safe waters in your financial future.
In addition to our strong, secure products, there are Family Fraternal Benefits that can help our members facing unique needs. Many of these benefits are unique to the Knights of Columbus and our members. Some of these benefits include:
Guaranteed life insurance benefits for uninsurable children
Death benefits available for stillborn or miscarried children
Member/spouse accidental death benefits
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.
Disability Income – Protects your most important asset: your ability to earn a living.
Our Insurance Products
Family Fraternal Benefits