Knighs of Columbus Insurance

Difficult times often cause us to refocus on the time-tested basics. Permanent participating insurance, based on dividends and simple compounding, possesses features and benefits that exist in no other financial instrument: these include strong guarantees, unique tax benefits, dividend participation, and a tremendous hedge in a down stock market, A tremendous hedge against monies that will inadvertently get spent on unavoidable costs that are part and parcel to the facts of life.

By using your policy dividend to purchase paid-up insurance you can increase your permanent life insurance coverage.. When you choose this
dividend option, your dividend becomes a single premium that purchases additional insurance on your life....regardless of your health! How much
paid-up additional life insurance depends on your age. Over time the increase in your policies face value - the amount that you're insured for -
can increase substantially. What's more, you're paid-up additions build cash value and are eligible to receive dividends beyond that of the base
policy and with no current tax liability. (Note: Dividends are not guaranteed.)

One final note: You aren't stuck with any particular dividend option. At any time that your policy is in effect you can change the way that
dividends are paid to you. The other dividend options are:

leaving dividends on deposit to accumulate interest.
taking dividends as cash deposit.
applying your dividend to pay all or part of your premium.

Applications of permanent insurance include estate preservation, buy/sell agreements, charitable giving, protection from creditors, as well as
replacement of medical and final expenses.

We're all getting older.

Record numbers of people are living well into their 80s, 90s...and even past eh age of 100. That translates into more time to do the things you want to do, to spend time with the people you love. It also poses new challenges.

In aging, you change in some familiar ways - and some ways that might be completely unexpected. In your 60s and 70s, tasks and activities that you once performed routinely or with ease might become increasingly difficult. And, over time, you may need more and more assistance with such activities. You might also experience a sudden, acute need for such help after a debilitating illness - such as a stroke.

One recent national survey found that among people who turned 65 in 1990, 47 percent could expect to spend three months or more in a nursing home before they die. About one in four will spend more than one year there.(1) On average, nursing home care can cost upwards of $61,000 per year. (2) You may be able to manage with at-home nursing care. Yet this option, too can be quite expensive: on average, such services cost over $53,000 per year in the U.S. (3) for eight hours of service, 365 days a year.

These figures can be expected to increase over time. As you grow older, the risk that you will need care increases. Since people on average are living longer, all of us face an an increased likelihood that we'll be candidates for care services

(1) Lubitz, J. and Spillman, B.C., "New Estimates of Lifetime Nursing Home Use: Have Patterns of Use changed?" Medical Care, October 2002.

(2) 2002 Nursing Home Cust Survey, MetLife Mature Market Institute, April 2002

(3) 2002 Home Health Care Cost Survey, MetLife Mature Market Institute, April 2002

Permanent Plans

Do you need life insurance that lasts as long as you live? Our permanent plans give you the security of:

Knowing your family is protected, today and forever.
Knowing your premium will stay the same, regardless of your future health.
A cash value that will grow over time and can provide a source of funds for future needs.
The opportunity to earn policy dividends as declared by the Knights of Columbus board of directors.

Our plans include:

Whole Life - premiums payable for all of life.
Limited Payment Life - premiums payable for a shorter period.
Discoverer - a custom blend of whole life and term insurance.
DualLife - a customer blend of whole life and term insuring two lives, payable upon the 2nd person's death.

Term Plans

For Temporary needs

Are your life insurance needs temporary? Many people's need are, indeed, temporary - even though they may be of long duration. Your mortgage, business loans, educational funds, and needs of children at home are some examples of temporary needs that can be met with term life insurance.

Term Insurance - as its name denotes - remains in effect for the term of the policy. When the term ends, your coverage stops - although you do have the option of renewing the policy (for another term) or converting it to a permanent plan. For these wide-ranging needs, we offer a full range of term insurance plans. Because the protection they provide is temporary, these plans are lower-priced than permanent plans for the same amount. Here are some of our available policies:

Annual Renewable Term

Ultra Premier Term
Premier Term
Lever Term Insurance
5 Year Term
10 Year Term
15 Year Term
20 Year Term
Term to 65

The Knights of Columbus also offers decreasing term insurance.

	Knights of Columbus Insurance
	Our Local Fraternal Insurance Counselor is Mr. Mark P. Yosway, FIC. Mr. Yosway has served as field agent for councils in the Madison area of northern Alabama since 1996, as well as for central and southern Tennessee since 2002. He attained the professional designation of Fraternal Insurance Counselor (FIC) in 1998. You can contact Mr. Yosway at (256) 772-7666, (888) 246-KOFC, or by email at mark.yosway@kofc.org. You can learn more about Mr. Yosway here. Knights of Columbus insurance has been "Making a Difference for Life" for more than 120 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 annuity products. A Message From Mr. Yosway Difficult times often cause us to refocus on the time-tested basics. Permanent participating insurance, based on dividends and simple compounding, possesses features and benefits that exist in no other financial instrument: these include strong guarantees, unique tax benefits, dividend participation, and a tremendous hedge in a down stock market, A tremendous hedge against monies that will inadvertently get spent on unavoidable costs that are part and parcel to the facts of life. By using your policy dividend to purchase paid-up insurance you can increase your permanent life insurance coverage.. When you choose this dividend option, your dividend becomes a single premium that purchases additional insurance on your life....regardless of your health! How much paid-up additional life insurance depends on your age. Over time the increase in your policies face value - the amount that you're insured for - can increase substantially. What's more, you're paid-up additions build cash value and are eligible to receive dividends beyond that of the base policy and with no current tax liability. (Note: Dividends are not guaranteed.) One final note: You aren't stuck with any particular dividend option. At any time that your policy is in effect you can change the way that dividends are paid to you. The other dividend options are: leaving dividends on deposit to accumulate interest. taking dividends as cash deposit. applying your dividend to pay all or part of your premium. Applications of permanent insurance include estate preservation, buy/sell agreements, charitable giving, protection from creditors, as well as replacement of medical and final expenses. NEW! Single Deposit Paid-up Additions Rider "We are pleased to announce the introduction of the Knights of Columbus SINGLE DEPOSIT PAID-UP ADDITIONS RIDER. This addition to our portfolio of life insurance plans means that policy holders have greater flexibility in choosing where to place their tax favored savings dollars. The SINGLE DEPOSIT PAID-UP ADDITIONS RIDER offers you and your family the opportunity to guarantee higher cash value accumulation while providing additional life insurance coverage. Both of these features offer the benefit to leverage the unique tax favored benefits of life insurance and a very effective means for generating income in later years without the tax consequences of other financial instruments. This new Knights of Columbus product portfolio enhancement can help provide you and your family with additional financial security." Annuities Your portfolio's "Sure Thing!" What works better for you? * Through our Single Premium Annuity, you make on epayment and select the age you begin receiving benefits. * Through our Flexible Premium Annuity, you make periodic payments of as much as you want for as long as you want. Your principal is safe, ans you're guaranteed never to earn less than 3.0% on your money. Current rates are 4.75% in the United States and 3.2% in Canada for payments received prior to January 1, 2006. This rate is guaranteed through September 30, 2006. Long Term Care We're all getting older. Record numbers of people are living well into their 80s, 90s...and even past eh age of 100. That translates into more time to do the things you want to do, to spend time with the people you love. It also poses new challenges. In aging, you change in some familiar ways - and some ways that might be completely unexpected. In your 60s and 70s, tasks and activities that you once performed routinely or with ease might become increasingly difficult. And, over time, you may need more and more assistance with such activities. You might also experience a sudden, acute need for such help after a debilitating illness - such as a stroke. One recent national survey found that among people who turned 65 in 1990, 47 percent could expect to spend three months or more in a nursing home before they die. About one in four will spend more than one year there.(1) On average, nursing home care can cost upwards of $61,000 per year. (2) You may be able to manage with at-home nursing care. Yet this option, too can be quite expensive: on average, such services cost over $53,000 per year in the U.S. (3) for eight hours of service, 365 days a year. These figures can be expected to increase over time. As you grow older, the risk that you will need care increases. Since people on average are living longer, all of us face an an increased likelihood that we'll be candidates for care services (1) Lubitz, J. and Spillman, B.C., "New Estimates of Lifetime Nursing Home Use: Have Patterns of Use changed?" Medical Care, October 2002. (2) 2002 Nursing Home Cust Survey, MetLife Mature Market Institute, April 2002 (3) 2002 Home Health Care Cost Survey, MetLife Mature Market Institute, April 2002 Permanent Plans Do you need life insurance that lasts as long as you live? Our permanent plans give you the security of: Knowing your family is protected, today and forever. Knowing your premium will stay the same, regardless of your future health. A cash value that will grow over time and can provide a source of funds for future needs. The opportunity to earn policy dividends as declared by the Knights of Columbus board of directors. Our plans include: Whole Life - premiums payable for all of life. Limited Payment Life - premiums payable for a shorter period. Discoverer - a custom blend of whole life and term insurance. DualLife - a customer blend of whole life and term insuring two lives, payable upon the 2nd person's death. Term Plans For Temporary needs Are your life insurance needs temporary? Many people's need are, indeed, temporary - even though they may be of long duration. Your mortgage, business loans, educational funds, and needs of children at home are some examples of temporary needs that can be met with term life insurance. Term Insurance - as its name denotes - remains in effect for the term of the policy. When the term ends, your coverage stops - although you do have the option of renewing the policy (for another term) or converting it to a permanent plan. For these wide-ranging needs, we offer a full range of term insurance plans. Because the protection they provide is temporary, these plans are lower-priced than permanent plans for the same amount. Here are some of our available policies: Annual Renewable Term Ultra Premier Term Premier Term Lever Term Insurance 5 Year Term 10 Year Term 15 Year Term 20 Year Term Term to 65 The Knights of Columbus also offers decreasing term insurance.