michigan state council knights of columbus benefits and products offered by our founder venerable...
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Michigan State Council
Knights of Columbus
Benefits and Products Benefits and Products offered by our founderoffered by our founder
Venerable Michael J. McGivney
Michigan State Council
Knights of Columbus
Michigan State Council
Knights of Columbus
Knights of ColumbusKnights of ColumbusFaith Based ProductsFaith Based Products
Michigan State Council
Knights of Columbus
The Primary Goal of the Knights of Columbus:
“To render Financial Aid to its members and the beneficiaries
of members.”-From the Knights of Columbus Charter
Michigan State Council
Knights of Columbus
Protect your Family With Protect your Family With
Knights of Columbus Knights of Columbus
InsuranceInsurance
An Ethical ResponsibilityAn Ethical Responsibility
Michigan State Council
Knights of Columbus
All investment managers for the Order are prohibited from investing in companies engaged in any of the following activities:
Embryonic Stem Cell Research
Human Cloning
Pornography
Abortifacient
Contraception
For Profit Health Care
Michigan State Council
Knights of Columbus
What Products Do What Products Do
Knights of Columbus Knights of Columbus
InsuranceInsurance
OfferOffer
Michigan State Council
Knights of Columbus
Knights of Columbus Knights of Columbus Product OverviewProduct Overview
Life Insurance Life Insurance – Protects your – Protects your family dreams and goalsfamily dreams and goals
AnnuityAnnuity –Guaranteed you cannot –Guaranteed you cannot out live your moneyout live your money
Long Term Care Insurance Long Term Care Insurance – – Protects your nest eggProtects your nest egg
Disability Income Disability Income – Protects your – Protects your incomeincome
Michigan State Council
Knights of Columbus
Knights of Columbus Life Knights of Columbus Life ProductsProducts
Whole Life Insurance An example is like buying a house
A permanent plan that offers a guaranteed death benefit and cash valueLimited Pay Life Insurance
Single Pay Life10 Pay Life20 Pay LifeLife Paid up at 65To name a few.
Michigan State Council
Knights of Columbus
Knights of Columbus Life Knights of Columbus Life ProductsProducts
Term Life Insurance An example is like renting an apartment
A low cost life insurance that last for a specified period10 year plan15 year plan20 year planA Young Adult Annual Renewable Plan
Michigan State Council
Knights of Columbus
Knights of Columbus Life Knights of Columbus Life ProductsProducts
Estate planning Life Insurance Used to transfer wealth
Whole Life InsuranceSecond to Die Life * (Special Needs)
Michigan State Council
Knights of Columbus
KNIGHTS OF COLUMBUS KNIGHTS OF COLUMBUS ANNUITIESANNUITIES
What is a Flexible Premium Fixed Annuity?A fixed annuity is a safe, secure, tax-deferred contract with a guaranteed interest rate which allows you to grow your money tax-deferred and/or create a Fixed Period or Life income stream.Your money grows tax-deferred as long as you leave it in the annuity.Only an annuity can pay an income that can be guaranteed to last as long as you live. With No Fees
Michigan State Council
Knights of Columbus
Knights of Columbus Annuity Knights of Columbus Annuity ProductsProducts
Non-Qualified / 1035 Exchange IRA 401K/457/403B/SEP Rollovers ROTH-IRA ROTH-IRA Rollovers IRA to ROTH IRA Transfers Monthly Income Settlements Eligibility range ages 0 to age 80
Michigan State Council
Knights of Columbus
Knights of Columbus Long Term Knights of Columbus Long Term Care Plus ProductsCare Plus Products
Nursing Home Only Comprehensive Care (In Home
Care and Nursing Home Care)
Currently ages range from 30 to 75
Michigan State Council
Knights of Columbus
Knights of Columbus Long Term Knights of Columbus Long Term Care ProductsCare Products
• Three ways to Fund your Long Term Care Cash - You may pay up to $84,000 or more a
year. (Based on 2014) Medicaid (Welfare) - After you pass the state will recover the expense from your estate. Long Term Care Insurance.
How Will Our Members Fund Their Long Term Care Needs?
Michigan State Council
Knights of Columbus
Knights of Columbus DisabilityKnights of Columbus DisabilityIncome ProductsIncome Products
Protection for Total and Partial Disability
Social Insurance Rider Catastrophic Rider Cost of Living Adjustment Rider
Ages Range from 18 to 61
Michigan State Council
Knights of Columbus
THANK YOU!THANK YOU!
Venerable Michael J. McGivney
PRAY FOR US.