Insurance & Financial Services
Good news is that the Knights of Columbus finished 2008 setting another new record for amount of insurance issued for the year.
For the state of Kentucky, 22,740,000 of life insurance was issued for the year. Concerning Long-Term Insurance, we finished ahead of the rest of the industry though down compared with 2007. Concerning the annuity and IRA business, it was through the roof (roughly 2,400,000)! So overall, it was a good year. Concerning conversion of Associate members to Insurance members, we are about 20% ahead of the pace from last year for the state of Kentucky.
Also, interest in the Field Agent positions throughout the state of Kentucky continues to grow, though we are going through a much more selective process to increase the likelihood it will be the right fit for everyone before any decisions are made. On the staffing note, Kentucky continues to severely lag the rest of the country concerning agent staffing. Most other states have twice the staff. The best way to correct this is to continue educating membership on the proper perception of the career of a Field Agent. The second major item to help this will be for the agents to continue working with the local regions for the recruitment of new members that will make good Knights of Columbus members.
The Agency force looks forward to working and growing the Order throughout the state to further strengthen Catholic families, our faith, and ensure they will be taken care of properly in the event of death.
Fraternally,
Daniel Turnwald, General Agent, State of Kentucky
Knights of Columbus Insurance & Financial Services
824 Boulder Court, Villa Hills, KY 41017
859-331-0249 (B) 859-630-6942 (C)
Knights of Columbus insurance has been "Making a Difference for Life" for more than 125 years. Since our founding in 1882, our primary mission has been to protect families against the financial ruin caused by the death of the breadwinner. Today we do this, and help families secure their financial futures, through our top-rated portfolio of life insurance, long term care insurance, and retirement saving annuity products, including IRA's, Roth IRA's and potential rollover of 401(k) plans.
For the 1
6th consecutive year, the Knights of Columbus insurance program has earned Standard & Poor's highest rating: AAA (Extremely Strong) (more)
Your local field agent will first sit down with you to determine a Financial Roadmap for your Families Future, which helps both plan for retirement and make sure your loved ones are provided for in the event of death. This is based on your family's goals, assets, liabilities, and current insurance. After this completed analysis, along with reviewing your family's additional free fraternal benefits, the agent will be able to best advise how your family can be helped through these top-rated products in the industry.
We offer a wide variety of products to suit virtually everyone's needs.
- Permanent Plans - Policy lasts as long as you live, premium stays the same.
- Term Plans - Policy ends at end of specified term: renewable or convertible.
- Annuities - Provides an income that is guaranteed for life.
- Long Term Care - Provides funds for long-term, out-of-hospital care.
For further information, please visit the main insurance website at:
http://www.kofc.org/un/insurance/index.cfm
Learn about and contact the professional Knights of Columbus agent in your area:
Field Agent, Louisville
Charles Durbin
502-265-9227 Office
502-475-7227 Cell
502-265-9227 Fax
charles.durbin@kofc.org