Insurance

Dear Council Brothers and friends of Council 9053,

When Father McGivney  founded our Order, a key part of his mission was to help Catholic families attain a secure financial future. It was a hard time and place to be Catholic, but he didn’t want them to feel they had to let go of their Catholic identity in order to find that stability. He wanted them to see their Catholic community as a place of security – to know that here, their faith could grow. And here, their families would be protected. In keeping with that mission, Supreme Knight Patrick Kelly recently announced updates to our member benefits. 

Now, you might not even remember you have these benefits – in a sense, they’re the best kept secret of the Order, but I’m going to do my part in making sure they’re more widely known. I’d like to highlight some of these updates, starting with one that affects all of us. Whether or not you are an insured Knight of Columbus, you are entitled to the Member/Spouse Fraternal Benefit. This is an accidental death benefit for all members in good standing and their spouse. The benefit amount varies from $1,500-$5,000, depending on your age, whether you are insured and how long you’ve been a member. 

The second update I’d like to call out is the Family Fraternal Benefit, which applies to insured members. It’s guaranteed-issue insurance up to $10,000 to any child under age 18, regardless of physical or intellectual disabilities. This also includes an automatic $5,000 death benefit for children who die before age 61 days, including stillbirths from at least 20 weeks after conception. Next is the Orphan Fraternal Benefit, which provides $500 monthly to an insured member’s child who has lost both parents, up to age 19. This benefit also includes up to $5,000 per year in college scholarships, with a maximum total of $20,000, per eligible orphan. 

Finally, the Widow Benefit offers surviving spouses of insured members the opportunity to purchase life insurance, long-term care insurance, disability income insurance or annuities, and she and her children are eligible for scholarships. We strive to bring Father McGivney’s mission to life by offering you these valuable benefits. I would like to sit down with each and every one of you to walk you through the benefits available to you and your family. Please schedule an appointment with me as soon as possible. 

Thank you, and I pray that Blessed Michael McGivney watches over our families this month.

Vivat Jesus!

Robert (Bob) Marlowe III