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Why Choose Us?

Our Beginnings; A Sanctuary

In the late 19th century, North America was experiencing an influx of people from all over the world, particularly Europe. Many people were relegated to living in unsanitary conditions, and performing hazardous jobs for poor pay. Such was life for Catholics in New Haven, Connecticut.

The untimely death of the family breadwinner often devastated a family. In 1882, a young Catholic priest, Father Michael J. McGivney, curate at St. Mary's Church in New Haven, envisioned an organization to help Catholic families deal with this crisis. Out of his vision the Knights of Columbus was founded. We are currently the largest Catholic, family, fraternal organization in the world, and boast a members-only insurance program that is among the strongest in the industry.

Always There, Always Strong

As a member of our organization, you enjoy the opportunity to participate as a family and positively affect your church and community. One person can make a difference. With 1.7 million members, the Knights of Columbus' impact is enormous. Last year alone, we donated $116 million to charitable causes, and performed over 56 million hours of community service. That's impact!

We have over 1,200 full-time life insurance professionals dedicated to serving member's needs. Each is assigned exclusively to a group of members and families so that he'll be there when you or your family needs him. These agents are members of our organization and share our members' ideals and goals in community service.

For the 32nd consecutive year A.M Best Company has assigned the Knights of Columbus it's highest financial strength rating A++ (superior). A.M. Best is a worldwide rating and information agency, which conducts in-depth analyses and issues reports about the fiscal stability of insurance companies.

For the 15th consecutive year, the Knights of Columbus has earned the highest rating: AAA (Extremely Strong) from Standard & Poor’s. With more than 140 years experience, Standard & Poor’s is the financial industry’s foremost independent rating bureau, providing investment, credit and risk analyses of financial institutions around the world.

“K of C is achieving its primary objective of providing members and their families with high-quality, low-cost insurance products,” the S&P report said. The rating agency declared that “KC’s capitalization is extremely strong,” that “operating performance is strong,” and that the Order’s “liquidity is viewed as very strong.”

“K of C has historically maintained extremely strong capitalization. At year-end 2006, the capital-adequacy ratio was 1084%, which is the highest in the industry,” the report continued. “Its unique relationship with its members fosters a strong affinity, which translates into one of the industry’s lowest lapse rates.” S&P added that “K of C is extremely cost-conscious,” and maintains “a high dividend payout ratio of 75%-85%.”

“The company returned 84% of its earnings to its members in 2006,” the report added. “Its consistently strong profitability is attributable to high persistency rates, favorable mortality experience, and strong investment returns over the past 10 years.”

For all of your life insurance and retirement savings needs, we invite you to call our Council, or better yet stop by and some one will be able to put you in touch with a Knights of Columbus Insurance Rep, or you can contact the Supreme Council in New Haven Conn. for further assistance. www.kofc.org