Other Information


Is the insurance any good?

Rated A++ (Superior) by A. M. Best-highest rating for 24 straight years

This rating puts the Knights in the top 2% of all rated independent companies

Rated AAA (Superior) by Standard and Poor’s

Highest possible rating, held by just 17 independent insurance companies in the U.S. and Canada, and held only by the Knights among all fraternal benefit societies

Over $4.2 billion of insurance issued in 1998

$35.8 billion total insurance in force

Over 1.4 million certificates in force

Paid $196 million in life dividends in 1998

Over $1 billion in death benefits paid

$7.5 billion in assets


The success of the Order’s insurance program is not only the result of sound and prudent business judgment, but is a direct reflection of the fraternal purposes of the Knights of Columbus. The Order’s conservative approach to its insurance operations ensures the security of its members and their dependents. This conservative approach is reflected not only in the Order’s business and investment strategy, but also in its traditional life insurance and annuity products and the manner in which they are marketed.

The continued growth of the Order has enabled it to expand not only its insurance program but its benefits to members, charitable contributions, volunteer work and service to the Church and society. In its insurance program, as in all that it does, the Knights of Columbus remains committed to excellence and to the highest standards of ethics and quality. The record bears out this commitment.

Other details about the Order’s insurance operations are found in the Supreme Knight’s 2007 Annual Report.

What Other Say About Knight’s Insurance:

“K of C’s financial strategy is very conservative as evidenced by its capital structure, investment portfolio, and approach to business. Capital adequacy . . . is among the strongest in the industry.”  - Standard & Poor

“Historically strong earnings performance . . . a bond portfolio of excellent quality with high liquidity . . . conservative management, active fraternalism and high quality insurance products.” - A. M. Best


The types of Insurance offered by the Knights can be found at the Supreme Web Site.

 

© Knights of Columbus - Kansas State Council
For comments or questions please email webmaster@kansas-kofc.org