Agency Report
Why is the Knights of Columbus insurance the best?


There are approx. 1400 life insurance companies in North America. The K of C will not have cheaper rates than all of them. Think about when you make a major purchase…. do you buy the cheapest product out there? Probably not. Price is a factor but you always weigh many features and benefits i.e. quality, durability, performance, enhancements, warranty, etc.
Let’s take a look at the Knights of Columbus insurance program.
1) Strength

  • Highest ratings from A.M. Best (A++) 42 consecutive years
  • Highest ratings granted from Standard & Poor’s AA+
    • these rating agencies don’t hand out top ratings like candy

2) Ethics

  • Designated World’s Most Ethical Company (Ethisphere Institute)
  • Ethics of K of C Investments
    • the Order does not invest in any company that is involved with abortion, embryonic stem cell research, human cloning, contraception, for-profit health care that pays for any of the aforementioned, and pornography.

3) Size & Participation

  • Fortune 1000 company
  • Assets of $22 billion
  • 50th largest insurer in North America
  • $105 Billion + of life insurance in force (a lot of our members think it’s a great thing!)

4) Timely Payouts

  • Each year the Order pays out close to $900 million in death benefits, annuities/RRIFs, maturities and dividends combined. We deliver and pay out quickly!

5) Great Products

  • We offer the products that our members and their families need. A cross section of great products including permanent & term life insurance, disability insurance, long term care insurance and annuities/RRSPs/RRIFs/TFSAs and non-registered investments.

6) Survivors Benefits/Support

  • Our agents are there for members and their families to help them in the aftermath of the loss of a loved one. Many companies let you make claims on your own or go on the internet to make a claim. K of C agents can assist with many other claims and even help a family with funeral arrangements. This is all free of charge as a member.

7) Fraternal Benefits

  • Includes guaranteed life insurance benefits for uninsurable children; death benefits available for stillborn or miscarried children; orphan benefits; and member/spouse accidental death benefits.

8) Personalized Services

  • The Order provides members with a complimentary insurance and retirement needs analysis through their local field agent by utilizing a tool called “Profiles & Forecaster.”

9) End-of Life Planning

  • There is the availability of a free K of C Personal Planning Workbook.
  • This 34 page book is a comprehensive planning guide that will enable you to record personal information, identify personal wishes, and supplement legal documents.

10) Charitable Donations

  • As a non-profit organization, every year the Order donates approx. $30 million + from our insurance revenue to countless Church and charitable causes.
  • The ‘Did You Know?’ brochure is an excellent reference for several of these good causes

11) The philosophy of the Order

  • The K of C has no shareholders and therefore the decisions we make in our boardroom are for the benefit of our members & their families.
  • We can safely say that for Catholics and members of the Order there is not a better life insurance company out there.

Vivat Jesus! Mark Lewans—General Agent