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PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

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Page 1: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 2: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 3: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 4: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 5: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 6: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

$5.7 Million Paid to 3,378 Members

Page 7: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

Annuity Program Enables member and spouse to provide for retirement and build an estate through tax-deferred savings.

Long Term Care InsuranceEnables members and their spouses to safeguard their assets and afford the care and assistance needed later in life.

Member/Spouse Fraternal BenefitAccidental death Coverage for member and spouse at no cost.

Page 8: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

Orphan Benefit $80 monthly allotment for orphans of eligible families; up to $7,00 in college scholarships available.

Family Fraternal Benefit: For eligible families a) Pays $1,500 for the child who dies before the age of 61 days; b) Pay $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 age 18.

New member Plan A low-cost whole life policy to new members and their spouses upon joining the Order.

Page 9: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

Widow Benefit 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 insured member’s death; c) Receives a free lifetime subscription to Columbia; d) Eligible with her children for scholarships, student loans, etc.

Matthew and Swift Educational Trust Fund Provides full scholarships including net expenses to Catholic colleges to children of member killed or permanently or 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

Page 10: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

High Touch & High Tech

Life Insurance Calculator

Page 11: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

$370,200 for 236 Members

$227,250 for 303 Members

Page 12: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

2002 -03 Academic year the Supreme Council provided Scholarships to:

715 students.

Total value of close to $1.5 million.

588 undergraduate & 127 seminarians

Page 13: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

One Million dollars to Special Olympics in 2003. Total Supreme council support for Special Olympics since 1987 nearly $4 million.

Page 14: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 15: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 16: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

LIMRA STUDY•64% of Americans own no individual life insurance

•47% of Americans own no life insurance (incl. group)

•74% prefer to deal with a trained, experienced producer

Page 17: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 18: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

Types of Policies Knights offerPermanent Plans Term, Annuities, LTC Plans

• Annual Renewable Term• 5 Year Term• Decreasing Term• Term to 65• Term to 30• 5,10,15,& 20 Year Level

Term• Flexible Premium Annuity• LTC Long Term Care

• Whole life• Life Paid up @ 65• 20 Pay Life• Discover• New Member Plan• Single Premium Life

Page 19: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

How do we compare to others?

Page 20: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

One of the Highest dividend Rates in North

America

Page 21: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 22: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 23: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250

Membership• Recruitment --- Use Field agents • Promote Invitational Program• Promote the Shining Armor Award • Promote visiting with Field Agent • Promote the insurance Program

Star Council !

Page 24: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 25: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 26: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250
Page 27: PowerPoint Presentation - Illinois State KofCillinoisknights.org/mary/education/sessions/InsurancePresentation.pdf · Life Insurance Calculator. $370,200 for 236 Members $227,250