At the December meeting, there was discussion of a KC insurance benefit that many were not aware of. See information below. For more info, contact our insurance agent, Jeremy Skupien at 225-752-6080.
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 exclusions listed.
Years of Continuous 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. At no time will the spouse benefit exceed 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.