

May 2008
Field Agent's Corner:
Ah, at long last, Springtime is upon us, so they tell me. With it
usually comes, dances, picnics, baseball games, etc. All of the
wonderful distractions of ones personal and family life. Not meaning
to sound morbid, but one thing that should be on all of our minds, as
we read the daily obituaries of friends or family, is that our face to
face meeting with Our Lord is coming. We know not the day, nor the
hour, but it is certainly coming. When it does, are we as Brother
Knights, going to be prepared to leave behind a legacy of love and
security, or are we going to be bankrupt in that area. Are you wise,
like Father McGivney was wise, in providing for orphans and widows,
and are you foolish about such things? Remember, this is not my
responsibility, it is yours. My job is to assist widows and orphans.
But, if there is nothing to assist them with, especially when the
wife, asks, "Didn't John, have any life insurance with the KofC, and
all I can say is, "I am sorry Mrs. Doe, guess he was busy with the
foolish things of life, and didn't really take the time to care about
you". Brothers, that's the reality of it all. Don't be fooling
yourselves, when for pennies on the dollar, you, too, can provide for
the widow and orphan in your life. Call me now, and let's talk without
any obligation on your part, OK.
In Brotherhood,
William J. Schimpf, FIC
Field Agent
(845) 427-2957
And visit us at the Hudson Valley Knights of Columbus Insurance web site. http://www.kofcinsuranceny.com/
Did You Know?
MATTHEWS & SWIFT TRUST FUND: Provides full scholarships including net expenses to Catholic colleges for children of members killed or permanently and totally disabled from military service in armed conflict, or from criminal violence while performing duties as full-time law enforcement officer or full-time fireman.
LING TERM CARE INSURANCE: Enables members and their spouses to safeguard their assets and afford the care and assistance needed later in life.
MEMBER/SPOUSE FRATERNAL BENEFIT: Accidental death coverage for member and spouse at no cost. The Knights of Columbus will pay a benefit upon the death of a member or his spouse, occurring within 90 days, as the result of injury sustained in a covered accident. Protection is on a 24-hour basis for accidents that may occur anywhere in the world during activities on or off the job, on business, pleasure, vacation, or at home, except for the exclusion listed. The following is the payment schedule:
YEARS OF CONTINUED MEMBERSHIP MEMBER BENEFIT SPOUSE BENEFIT
Less than two years $1,000 $1,000
Two years, but less than three $1,500 $1,500
Three years, but less than four$2,000 $2,000
Four years or more $2,500 $2,500
The benefit amount will be reduced by $500 on the member's 65th birthday, and each subsequent birthday, until the benefit amount is stabilized at $1,000. The $1,000 coverage will continue thereafter, provided the member and the member's council are in good standing and both so reflected on the records of the Supreme Council. The spouse benefit at all times corresponds to the member's benefit. Should the member predecease his wife, she shall continue to be covered thereafter at a fixed benefit of $1,000. Should the spouse and the member die within 90 days from the same accident, however, the scheduled benefit will be paid.
FAMILY FRATERNAL BENEFIT: For eligible families: a) Pays $1,500 for the child who dies before the age of 61 days; b) Pays $750 for the child who is stillborn at least 20 weeks after conception; c) Offers guaranteed-issue insurance up to $5,000 to any child under 18 years of age.
ORPHAN BENEFIT: $80 monthly allotment for orphans of eligible families; up to $7,000 in college scholarships available.
WIDOW BENEFITS: a) Continues to be covered under the Member/Spouse Fraternal Benefit; b)May purchase insurance, annuities, or Long Term Care up to one year after insure member's death; c) Receives a free lifetime subscription to Columbia; d) Eligible with here children for scholarships, etc.
SCHOLARSHIPS/FELLOWSHIPS: Six different college scholarship programs for members and their families; two different graduate fellowship programs; and scholarship programs for seminarians.
Learn More About Membership Insurance and Benefits, click here.