Frateral Agent Report

Brothers,

Hope that this year will be the best ever for you and your families.

I noticed that the DOW Jones opened the year below it's opening 5 years ago. I meet many members who have been upset about the performance of their portfolios. Many have moved IRA, 401k, CD money to KofC annuities for the safer and more secure investment, especially those near and in retirement who are more concerned about the return of their money than the return on their money. For many the Single Premium Life Policy is a bonanza as it increases the death benefit and provides a tax free benefit and is not tied up in an estate at death.

Many of those younger members cling to their group term policies at work believing that is all they need. Many others have seen their coverage erode or their premiums grow this past year as employers seek to cut their cost.

Is it any wonder that in a year when many markets and companies suffered the Knights of Columbus set new records for growth and coverage?
Are you an insured member?
Should you be?
Why not call for an updated Financial Review?

Happy New Year,
Tom

813-625-2444
thomas.cummings@kofc.org