Why Choose Us?
We are strong
The Knights of Columbus is a fraternal benefit society that is strong, secure and stable. Members can be confident that we’ll be here when you need us. We’ve been successfully protecting families since 1882, and our outlook remains bright.
Don’t just take our word for it. There is no more highly rated insurer in North America than the Knights of Columbus. A.M. Best has bestowed on us their highest rating (A++, Superior) for 35 consecutive years.
Remember, in 2010, the Knights of Columbus gave more than $154 million to Catholic and other charitable causes. In these uncertain times, find comfort in an organization that leads the way in doing good for others while doing good for our own.
We are secure
Since 1882, we have been committed to protecting the financial futures of our Knights and their families. We do this by paying claims and dividends to our insured members. In 2010, we paid well over $442 million in death claims and other benefits, and more than $322 million in dividends to our policyholders. Even more impressive is the fact that in the past decade, the Knights of Columbus paid more than $3.2 billion in dividends to insured members.
We are stable
Prudent leadership and management has led to the rapid growth of our assets, providing an adequate foundation for our member’s protection, and securing our obligations to our insured and their beneficiaries. Also, because we are a fraternal benefit society, we have no stockholders. Our owners are our members and we return our good fortune in the form of dividends to our policyholders.