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. When our organization began, in order to help each other, our members "passed the hat" to assist families of deceased members. Soon, however, this became impossible, as the number of our members grew. Out of this simple process, we've evolved into a modern, dynamic insurance organization, and 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.

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.

DuaLife – a custom 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 needs 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:

Annuities

Your Portfolio’s "Sure Thing!" What works better for you? Through our Single Premium Annuity, you make one payment 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, and you’re guaranteed never to earn less than 3.0% on your money.

Long Term Care

For the Unexpected We're all getting older. Record numbers of people are living well into their 80s, 90s...and even past the 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 60's 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 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 increased likelihood that we'll be candidates for care services.

INSURANCE Q&A

1. Why aren't my dividends paying my premium?

Dividends are payable on all forms of paid up insurance except policies being kept in force as extended term insurance. There are five dividend options to choose from: Cash, Applied to Payment of Premiums, Accumulate with Interest, Purchase Paid Up Additional Insurance, and Reduce Existing Loans. When the Applied to Payment of Premiums option is chosen, dividend payment will be used to reduce the premium then due, if the dividend is less than the mode premium. Otherwise, the Order will pay as many premium payments as possible and use the remaining amount to purchase Paid-Up Additional insurance. To discuss the dividend option and other details regarding your policy, contact your Knights of Columbus agent today.

2. Who is my beneficiary?

The beneficiary of a policy is determined at the time of purchase by the policy owner. However, it can be changed by the policy owner at any time during the life of the policy. Typically, the spouse is chosen as beneficiary but other beneficiaries include the children, brother, sister, mother or father of the insured. Institutions and charitable organizations can also be named beneficiaries. All beneficiaries are identified in your policy. Contact your Knights of Columbus agent if you have any questions regarding your beneficiary designations.

3. Who is my servicing agent?

Rich Fuentes FIC, CSA.

email: RichKofC@aol.com,

Home Phone: 908-437-0310

Cell Phone: 908-922-7551

4. What is the cash value of my policy?

While Knights of Columbus Supreme office cannot give such information over the phone, I would be happy to attain your policy information and review it with you at a convenient time. Please feel free to contact me for any questions you may have regarding your policy.

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