Fraternal Benefits

Permanent Life Insurance – Insure your Life for Life 

Permanent Life Insurance is our signature product. Why?   It provides guaranteed protection for your loved ones. And while you’re still alive, it builds cash value. It’s a great solution for many basic needs, such as final expenses, income replacement and debt protection. It can also serve specialized purposes, such as estate planning and charitable giving.

A whole life policy can act as a buffer against estate taxes and probate costs, and provides a death benefit along with a living cash benefit, a feature unique to whole life. In addition, a whole life policy allows someone at the time of retirement to remain insured while spending the other assets they’ve accumulated or pursuing a more aggressive strategy for those assets.

I would be very pleased to meet with you at your convenience to discuss how our Knights of Columbus Permanent Life Insurance can be structured to meet your concerns, needs and goals.

Permanent Life Insurance
Whatever the planned use, permanent life insurance is reliable. It will be there when you won’t be, regardless of when that happens. Put simply: As long as you have paid your premiums, upon your death, your beneficiaries will receive the guaranteed death benefit (if not more) that you established for them – TAX FREE.
Vivat Jesus!

Glenn Podany
Knights of Columbus
Field Agent
206-276-8035
St Teresa parishioner

Sorry. JavaScript is required.

Fraternal Benefits

Term Life Insurance – Affordable protection for temporary needs

Sometimes financial obligations are temporary, and that’s where term insurance brings the most value. Like permanent insurance, term insurance provides a death benefit to beneficiaries, but only within the specific time period. Maybe you have a 30-year mortgage. Maybe you have 10 years left until retirement. Maybe you have two children who are about to go through college. In time, the mortgage will be paid off, retirement will arrive at last and the kids will finish college. Once those days come, ...

Read More

Caring for Our Own

Protect Your Family With Knights of Columbus Insurance Caring for Our Own Because the Knights of Columbus isn’t just another insurance company, you are more to us than customers, current or potential, who are valued only for the products you purchase. Father McGivney founded the Knights 134 years ago so that we could help each other, and so we offer unique products and services out of concern for the well-being of both you and your family. That’s the Knights of Columbus difference. For starters, we ...

Read More

“Right to Apply” helps widows in need

The laws and rules of our Order, as well as state or provincial laws, specify that the Knights of Columbus may accept insurance applications only from Knights of Columbus members. As a member, you may apply for insurance on yourself, your wife and your dependent, minor children. The Order’s Board of Directors has taken action, though, to assure that a brother Knight’s widow maintains the right to purchase additional insurance for a limited time. This can be of great benefit and ...

Read More

Still have just group insurance?

As a Knights of Columbus field agent, I’m often told I don’t need insurance – I am insured by my employer. If you have it, it’s certainly not a bad thing, but it can be a misleading security blanket. Most times, the amount offered is far from what you need, and the only way to determine what you need is with a comprehensive needs analysis. Your group coverage is not based on any analysis. Instead, they apply a formula: you make ...

Read More

Investing in Your Future – Safeguarding Your Retirement

You may be dreaming of retirement and enjoying your golden years financially safe and secure. But have you planned for the likelihood that you could live well beyond retirement age – and -possibly outlive your hard-earned savings? The beauty of our annuity products lies squarely in their simplicity and security.  Simple from the standpoint that they’re fixed in nature. They provide long-term accumulation of wealth, specifically designed for retirement needs. There are no hidden management fees or annual charges (Surrender charges may ...

Read More

Knights Surpass $100B Insurance in Force

The Knights of Columbus surpassed $100 billion of life insurance in force this week, marking an important milestone in the Catholic fraternal benefit society’s mission to protect the future of Catholic families. This milestone was achieved despite continuing adverse conditions affecting the insurance industry. Established in 1882 by a young Catholic priest, the organization — which offers its line of top-rated products exclusively to its members and their eligible family members — manages $21 billion in assets and ranks 939 on the ...

Read More

Update Your Beneficiaries

Sometimes it is easy to overlook the simplest of things. Take the beneficiaries on your life insurance policies. If your policy was applied for and issued several years ago, it could very well be that the person you originally selected as the beneficiary is no longer the person you would want to receive the policy proceeds. If you bought the policy when you were single, for example, you may have named your parents as beneficiaries. If you have since married that ...

Read More

Do you have coverage?

Did you know that about 50% of households in the United States and Canada have no individually owned life insurance? The statistics for why people have not availed themselves of life insurance coverage are pretty clear, and they really don’t change from survey to survey. First, let’s look at the survey results (provided by the Life Insurance Marketing Research Association in 2010). Why people don’t buy life insurance: • 74% list “can’t afford the coverage” as a major reason they don’t buy. • 52% say ...

Read More

Permanent life insurance vs Term life insurance

Studies have shown that life insurance is often a misunderstood product. Worse still, people are unsure where to find information on these products or are afraid to ask. As a member of this Order, you have access to me, a full-time professional life insurance agent. A large part of my role as field agent is to answer your questions and help make sure you and your family are protected.  To start, I want to give some basic information on life insurance. ...

Read More

Family Fraternal Benefits

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 ...

Read More

Father Michael J. McGivney

On March 29, 1882 the state of Connecticut formally recognized the Knights of Columbus with a charter:  “To render financial aid to its members and the beneficiaries of members” Father McGivney was motivated to serve and strengthen Catholic families, by protecting their financial well-being. The insurance program is – and has always been – at the core of the Knights of Columbus and is a powerful financial engine that support much of the good work by the Knights. In mid-August of 1890 – ...

Read More

Permanent Life Insurance – Insure your life for life

Permanent Life Insurance is our signature product. Why? It provides guaranteed protection for your loved ones. And while you’re still alive, it builds cash value. It’s a great solution for many basic needs, such as final expenses, income replacement and debt protection. It can also serve specialized purposes, such as estate planning and charitable giving. Whatever the planned use, permanent life insurance is reliable. It will be there when you won’t be, regardless of when that happens. Put simply: • As long as ...

Read More

Long-Term Care Insurance – Protect your assets. Get quality care

Because life expectancies have been steadily improving, living longer may very well mean needing more care. Statistics show that nearly 70 percent of individuals over the age of 65 will require at least some type of long-term care services during their lifetime. These services are becoming more and more expensive, with nursing home care costing upward of $83,000 per year and at-home care more than $60,000 per year. Yet most regular health insurance plans or government assistance programs do not provide ...

Read More

Advantages of Life Insurance - For Your Child

As parents, we naturally want what is best for our children … from creating a safe environment, to the foods they eat, the schools they attend and the activities they are involved in. Having a life insurance policy on your child is another opportunity to create an advantage for them and their future: • Guaranteed Future Insurability – In the unfortunate event that your child develops a medical condition, he or she would not be forced to pay higher premiums or become uninsurable in the ...

Read More

Why We Offer Insurance

Before you think about how you and your family would use life insurance, how your council members can benefit from our insurance program, or what products and options you would need, there’s a more basic question that needs to be answered: Why do the Knights of Columbus care about life insurance? The answer is simple: Providing financial protection for Catholic families has been at the core of our mission since the beginning. Two Problems, One Solution The drive to offer financial protection ...

Read More

Another way we protect spouses and children

As a member of this council, you know how important spouses can be to the charitable works of the Order. If you’re married, your wife is probably involved in a few of the many events that happen each fraternal year. This support adds great value and impact to what a council can achieve.  When the Order was founded in 1882, Father Michael J. McGivney and the other brave men were setting out to protect Catholic families, but especially wives and children. ...

Read More

 

Fraternal Benefits Information Request Form

Fields marked with an * are required