Family Fraternal Benefits

 

 

family3.jpg (23498 bytes) The Order's various life insurance plans are available for a healthy child. But what about children who are physically or mentally challenged? In these cases, Knights of Columbus offers:

  • $5,000.00 life insurance for a member's uninsurable child
  • Up to $5,000.00 life insurance for a mentally retarded child

Death Benetifts include:

  • A $1,500.00 death benefit to the family when a child dies less than 61 days after birth.
  • A $750.00 death benefit to the family when a child is stillborn.

To be eligible for these benefits, the member must be in good standing with his Council, and at least one parent and the children not declined for insurance must be insured under an individual Knights of Columbus certificate.

Orphan Fraternal Benefits

An Orphan Fraternal Benefit of $80.00 monthly is paid for support of each eligible orphan.

The child also may be eligible for up to $1,750.00 each year in educational grants.

For a child to be eligible for these two orphan benefits, the father must have been in good standing with his Council and at least one parent must have been insured under a Knights of Columbus certificate. The child must be less than 19 years of age and be insured by an individual Knights of Columbus certificate.

Member/Spouse Fraternal Benefits

Free benefit up to $2,500.00 each for member and spouse.

Financial Aid/ Education

  • Fourth Degree Pro Deo and Pro Patria Scholarships
  • Percy J. Johnson Scholarships
  • Fourth Degree Pro Deo and Pro Patria (Canada) Scholarships
  • Mexico, Philippines and Puerto Rico Scholarships
  • The Catholic University of America Graduate Fellowships
  • Bishop Charles P. Greco Graduate Fellowships
  • Francis P. Matthews and John E. Swift Educational Trust Scholarships
  • Student Loan Program

Insurance Information

Here Are Twelve Reasons Why You Should Consider Knights of Columbus Insurance:

  1. Place your money where it will do the most good...for you, your Order and your Church.
  2. Whole Life, term, annuities, The Discoverer, Single Premium Life- a complete portfolio that can meet all of your life insurance needs.
  3. Enjoy the peace of mind that goes with knowing your family is secure.
  4. Provide for your children's future educational needs.
  5. Competitive dividends paid consistent with sound financial practices.
  6. Achieve your retirement goals on a systematic basis which pays you a monthly income for as long as you live.
  7. Rated A++ (Superior) by A.M. Best and AAA (Superior) by Standard and Poor's- the highest ratings available.
  8. Enjoy the most modern and practical approach to solving your family's financial problems, whether you die too soon or live too long.
  9. Settlement options enable you to stretch proceeds of insurance over a lifetime if necessary.
  10. An insurance program tailor-made to suit your individual needs.
  11. Owned and operated for the benefit of members and their families.
  12. Never be without expert advice from the Brother Knight who is your insurance representative... competent, caring, and confidential.

  13. CONTACT THE K OF C BENEFITS AGENT THAT REPRESENTS YOUR COUNCIL TODAY!
    eMail Benefits@kofcri.org