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SCHOLARSHIP PROGRAM
Any Brother Knight in good standing from Council 4184 can
nominate a son or daughter, stepson or step daughter who
attends a Catholic Grade School, Catholic High School, or
Catholic College to be eligible to receive a $200.00 scholarship.
Three scholarships will be awarded. A drawing will be held
to identify the winners Send Nomination forms to the council's
financial secretary Raymond Marschall, 6640 Buckley Circle,
Inver Grove Heights, MN 55076. Deadline for nominations is
February 15, 2010. Winners will be announced in March 2010.
Click here for scholarship
application form
K OF C INSURANCE & ANNUITY
BENEFITS
See February 2010
Newsletter article about benefits from Joe Hamand
From its inception the Knights of Columbus offered
insurance to its members. Today family members can also be
insured by the order. The Knights of Columbus insurance is
in the top 5% of the nations leading life insurers. By being
a member of the Knights of Columbus in good standing you
automatically receive:
- Accidental death
coverage to members and spouses (in varying amounts)
- Death
benefit covering the death of each unborn fetus, after
21 weeks of gestation or death within 6 months of birth
- Special
benefits to spouse and children of fire, police, and U.S.
military service personal who die in the line of duty
- Educational
benefits: scholarships, grants, endowments, and a special
student loan package
VANTAGE ANNUITY
QUESTION: I have some investments
with a financial planner and they have really been making
me nervous, what with the ups and downs of the markets.
For safety, he recommended a Money Market Mutual Fund.
By the time I calculate the management fees, though, I’m not making much return on my money.
Do the KC’s have anything safe
and sure with low fees?
ANSWER: Great question! The
Knights of Columbus has a savings product
called the Vantage Annuity. This annuity has no
loads or expense ratios (A couple of terms to learn: “loads” are
commissions associated with transactions and “expense
ratios” refer
to account management fees). The interest
rates are guaranteed for five years, at which
point you may withdraw the money with no surrender charge,
or you may leave the money in for another five years. The
new Vantage Annuity is very popular with those people who
like safety and a good rate of return. The minimum deposit
is-$25000. On accounts over $1 00;000, a 0.2% bonus is
paid on all dollars in the annuity. Of course, we still
have our hugely popular Flexible Premium Annuity (FPA)
program, as well. It, too, pays a competitive interest
rate, but the interest rate may vary after the first year.
However, the minimum deposit required is only $300. In
addition, after the first year you may withdraw up to 10%
of your funds once each year from either the Vantage annuity
or the FPA annuity with no surrender charges.
So,
if the market makes you nervous and you are tired of paying
fees and commissions on your money, a Knights of Columbus
annuity may be the right vehicle for you. Of course, please
be sure to consider your options carefully. Your Knights
of Columbus Insurance Field Agent is available to answer
your questions about our family of fine financial products.
Give him a call! You have nothing to lose — we guarantee
it!
Send your questions to kcquestions@catholic.org.
If you would prefer a personal reply, please be sure to provide
your contact information.
WE ARE SEEKING AGENTS!
Do you
know of somebody who is unhappy in their current occupation,
yet is outgoing and energetic, and has good people skills?
If they are interested in earning a professional level
income with a full fringe benefits package, then being
an agent for the Knights of Columbus might be a perfect
fit.
Knights of Columbus agents have
protected territories and are not required to “cold call” clients.
We have a full training program and a generous expense
allowance. No previous sales experience is required. If
you know of somebody who has what it takes, send an email
to kcquestions@catholic.org.
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