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Insurance Articles

 
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2009
6/19/2009 Knights of Columbus Insurance Receives Highest Ratings
Two top rating firms have reaffirmed giving their highest ratings for the Knights of Columbus insurance program. Both A.M. Best and Standard & Poor’s concluded this week that the 127-year-old Catholic fraternal order’s financial strength and stability remains strong despite a slumping economy.
1/6/2009 New Membership Document
The new Form 100 membership document has been in use since October and is being warmly embraced by our membership recruitment teams. Due to changes in insurance regulations, all recruiters must use the new Form 100 exclusively.
1/6/2009 TFSA Plan Now Available in Canada
A Knights of Columbus Tax-Free Savings Account (TFSA) is a registered savings account that allows Canadian Knights and their wives to deposit money in a Knights of Columbus annuity and all earnings are income tax-free.
2008
8/14/2008 Standard & Poor’s Reaffirms Knights of Columbus AAA rating
For the 16th consecutive year, the Knights of Columbus insurance program has earned Standard & Poor’s highest rating: AAA (Extremely Strong). With more than 140 years experience, S&P is the financial industry’s foremost independent rating bureau, providing investment, credit, and risk analyses of financial institutions around the world.
6/20/2008 A.M. Best Affirms Knights of Columbus Rating of A++ (Superior)
For the 33rd consecutive year, A.M. Best Company has given the Knights of Columbus its highest financial strength rating, A++ (Superior). A.M. Best is a worldwide rating and information agency, which conducts in-depth analyses and issues reports about the fiscal stability of insurance companies.
1/2/2008 Knights of Columbus Insurance Set 3 New Records in 2007
Knights of Columbus life insurance in force reached $66.1 billion at the end of 2007, setting a new all-time record, Supreme Knight and Chief Executive Officer Carl A. Anderson announced Jan. 2. It was the seventh consecutive year of insurance sales growth for the Order.
2007
11/6/2007 Special Insurance Offer Available to Knights
Supreme Knight Carl Anderson recently mailed a very special offer to all members in the United States and Canada between the ages of 18 and 65. The “new member plan,” a low-cost permanent life insurance product, is normally available only to new members and their wives when they join the Order. For a limited time, in connection with the 125th anniversary of the Order, the plan is being made available to existing members as well.
10/30/2007 Knights of Columbus Life Insurance in Force Tops $65 Billion
The Knights of Columbus insurance program passed a major milestone Oct. 30 when total insurance in force exceeded $65 billion for the first time. The Order was established in 1882 as a fraternal benefit society, and one of its primary aims was to enable its members to protect their families with life insurance. The amount of Knights of Columbus life insurance in force has doubled in the past decade, from $32.9 billion in 1997 to $65 billion today.
8/17/2007 Knights of Columbus Introduces New Annuity Product
In a continuing effort to offer its members and their families convenient, reliable, and stable ways to enhance their financial security, the Knights of Columbus has introduced a new annuity product: the Vantage Single Premium Deferred Annuity. Vantage is designed to provide Knights with a safe and simple way to save for retirement.
8/2/2007 Standard & Poor’s Reaffirms Knights of Columbus AAA Rating
For the 15th consecutive year, the Knights of Columbus has earned the highest rating: AAA (Extremely Strong) from Standard & Poor’s. With more than 140 years experience, Standard & Poor’s is the financial industry’s foremost independent rating bureau, providing investment, credit and risk analyses of financial institutions around the world.