Order Launches Young Adult Insurance Program
Recognizing the unique needs and budgets of its younger members and families, the Knights of Columbus has launched a new Young Adult Insurance Program.
The program, offered by one of North America’s most highly-rated life insurers, will provide annual renewable term insurance to Knights and their spouses ages 18-29.*
“We recognize that, though our younger members have different needs and different priorities, they want to protect their families too,” said Chief Insurance Officer Thomas P. Smith, Jr. “They want to get started now and build their financial portfolio while they’re young, and while it’s extremely affordable. And so we’re very excited to make that process easier for them through this new, custom program.”
For the first time, Knights will be able to obtain a personalized quote and request additional information online, by visiting kofc.org/en/insurance/seven-reasons-you-need-young-adult-insurance.html.
Young Adult Insurance joins a top-quality portfolio of insurance products offered by the Knights of Columbus. The Knights, recently named a 2014 World’s Most Ethical Company by the Ethisphere Institute, is one of the largest life insurers in North America, with more than $93 billion of life insurance in force.
Carrying on the mission of our venerable founder, Father Michael J. McGivney, the Knights of Columbus protects nearly two million policy holders.
Eligibility for the Young Adult Insurance program will be based on age, medical condition, and other factors.
Members of the Knights of Columbus and their spouses, ages 18 to 29, can also apply through their Knights of Columbus Field Agent. Find out who your agent is by visiting kofc.org/en/find-an-agent.html.
*As of 12/31/13, rated A++, Superior for financial strength from A.M. Best. Spouses, who are eligible for insurance through the program, are not able to obtain a personalized quote online. Not yet available in CA and NY.