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This month's Newsletter HERE


HERE
 
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HERE

KofC Insurance


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Andy Gleeson
Council Benefits Advisor
600 Fairmount Avenue
Suite 100
Towson, MD 21286 US
410-236-3522 
-EMAIL-
www.kofcmarloweagency.com

Insurance Q&A

Insurance Q & A

On this page:
Why aren't my dividends paying my premium?
Who is my beneficiary?
Who is my servicing agent?
What is the cash value of my policy?



1. Why aren't my dividends paying my premium?
Dividends are payable on all forms of paid up insurance except policies being kept in force as extended term insurance. There are five dividend options to choose from: Cash, Applied to Payment of Premiums, Accumulate with Interest, Purchase Paid Up Additional Insurance, and Reduce Existing Loans. When the Applied to Payment of Premiums option is chosen, dividend payment will be used to reduce the premium then due, if the dividend is less than the mode premium. Otherwise, the Order will pay as many premium payments as possible and use the remaining amount to purchase Paid-Up Additional insurance. To discuss the dividend option and other details regarding your policy, contact your Knights of Columbus agent today.

2. Who is my beneficiary?
The beneficiary of a policy is determined at the time of purchase by the policyowner. However, it can be changed by the policyowner at any time during the life of the policy. Typically, the spouse is chosen as beneficiary but other beneficiaries include the children, brother, sister, mother or father of the insured. Institutions and charitable organizations can also be named beneficiaries. All beneficiaries are identified in your policy. Contact your Knights of Columbus agent if you have any questions regarding your beneficiary designations.

3. Who is my servicing agent?
Always refer to your policy. A copy of the application along with the field agent's business card should be included. In addition, the name and phone number of the servicing general agent for your council appears on your bill. You can also call 1-800-345-KOFC to find the field agent servicing your council.

4. What is the cash value of my policy?
While Knights of Columbus cannot give such information over the phone, the policyowner is encouraged to call the Customer Service department toll-free at 1-800-380-9995. With information supplied by the insured, such as name, address, and policy number, Customer Service will be able to answer such requests via a letter.

Headlines


News from the Knights of Columbus

»There is Only One Word for What is Happening: Genocide

A major report submitted to Secretary of State John Kerry making the case that genocide is being wa ...
»Knights of Columbus Named a 2016 World’s Most Ethical Company

The Knights of Columbus has been recognized as a 2016 World’s Most Ethical Company® by the Ethispher ...


Date published: not known

Natural Homemade Remedies

»Kitchen Faucets


Date published: not known
Details

Daily Readings from the New American Bible

»Daily Mass Reading Podcast For February 28, 2023
Daily Mass Reading Podcast For February 28, 2023 by USCCB/NAB
»Daily Mass Reading Podcast For February 27, 2023
Daily Mass Reading Podcast For February 27, 2023 by USCCB/NAB
»Daily Mass Reading Podcast For February 26, 2023
Daily Mass Reading Podcast For February 26, 2023 by USCCB/NAB
»Daily Mass Reading Podcast For February 25, 2023
Daily Mass Reading Podcast For February 25, 2023 by USCCB/NAB
»Daily Mass Reading Podcast For February 24, 2023
Daily Mass Reading Podcast For February 24, 2023 by USCCB/NAB
»Daily Mass Reading Podcast For February 23, 2023
Daily Mass Reading Podcast For February 23, 2023 by USCCB/NAB
»Daily Mass Reading Podcast For February 22, 2023
Daily Mass Reading Podcast For February 22, 2023 by USCCB/NAB


Date published: Wed, 11 Jan 2023 18:59:36 +0000

Fathers for Good

»A Man of Character
The test of character is not when it’s convenient or easy to do good, but when it is difficult and a ...
»The Secret of the Scapular
Young Catholic writer Matthew Lickona discusses the importance of faith and family.


Date published: not known

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Knights of Columbus
Long Green Valley Council #8736

c/o St John the Evangelist Catholic Church
13305 Long Green Pike
Hydes, MD 21082
Grand Knight Joe Wenderoth