In January 2020, Knights of Columbus Insurance introduced a new product, Protector NLG Universal Life, to the United States market. We are happy to announce that we have now made this product available in Canada.
The Protector NLG Universal Life product provides affordable guaranteed lifetime coverage, * flexible premium payment options, and a low-cost guaranteed death benefit* that will ensure future obligations are met. The benefit protection includes a Lapse Protection Rider as well. Read more information on this product.
*Guarantees of the policy are based on the claims-paying ability of the issuer. Accessing the cash value of the policy will reduce the total cash value of the policy and total death benefit. Guarantees assume all premiums are timely paid and cash value of the policy has not been accessed. This release provides only a summary of the available product features and options, which may vary by state. Actual product details, including all terms and conditions that apply, are contained in each contract.