Life insurance is more than a financial product—it’s a promise to protect your loved ones when they need it most. For Catholic families seeking values-based coverage, the Knights of Columbus Insurance Company offers both Term and Permanent Life Insurance options designed to provide peace of mind and long-term security.
Why Choose Knights of Columbus?
Founded in 1882, the Knights of Columbus is a Catholic fraternal benefit society with nearly 2 million members worldwide. As a not-for-profit, member-owned organization, it combines strong financial stability with a mission rooted in charity, unity, and faith
Term Life Insurance: Affordable Protection for a Set Period
Term Life Insurance is ideal for those seeking temporary coverage—for example, to protect a mortgage, provide income replacement, or cover education costs during child-rearing years.
Key Features:
- Fixed premiums for the term duration.
- Coverage options typically range from 10 to 30 years.
- Convertible to permanent insurance without medical underwriting.
- Ideal for younger families or those with budget constraints.
Knights of Columbus term policies are designed to be simple, affordable, and flexible, with the option to convert to permanent coverage as your needs evolve
Permanent Life Insurance: Lifelong Coverage with Cash Value
Permanent Life Insurance is the Knights of Columbus’ flagship product. It provides lifelong protection, builds cash value, and can be tailored to meet estate planning, charitable giving, or retirement goals
Types of Permanent Life Insurance Offered:
- Limited Pay Whole Life
- Pay premiums for a fixed period (minimum 5 years).
- Policy remains in force for life.
- Builds cash value and may earn dividends.
- Single Premium Whole Life
- One-time premium payment.
- Immediate cash value and paid-up coverage.
- No-Lapse Guarantee Universal Life
- Flexible premiums.
- Guaranteed coverage as long as minimum premiums are paid.
- Includes a Lapse Protection Rider at no extra cost.
- Survivorship Universal Life
- Covers two lives, pays out after the second death.
- Ideal for estate planning and charitable legacy strategies.
Benefits of Permanent Life Insurance:
- Guaranteed death benefit.
- The cash value is accessible through loans or withdrawals.
- Potential dividends (not guaranteed).
- Premiums that never increase.
Membership Matters
Knights of Columbus insurance products are exclusively available to practicing Catholic members and their spouses. This ensures alignment with Catholic values and a personalized approach through local field agents who are also members.
Final Thoughts
Whether you’re looking for short-term protection or lifelong financial security, the Knights of Columbus offers life insurance solutions that reflect your values and support your family’s future. With strong financial ratings and a legacy of service, it’s a provider worth considering for Catholic families.
Ready to learn more? Contact your local Knights of Columbus field agent to explore your options and develop a plan tailored to your life.