David's May 2012 Newsletter
We insure the uninsurable
The Knights of Columbus take great pridethat we offer policies for both children and adults that a) are inexpensive,b) build cash, c) REQUIRE NO MEDICAL. This, like other benefits weoffer, used to be widely available. No more - the Knights believein family protection. Do we "rate" your policy if you arenot healthy? yes. Do we offer a policy that offers guaranteedbenefits with no medical? YES. Ages 0-18 ($5K policy available),18-54 ($7,500), 55-64.99 ($5,000). Call me. Let me make sureyou entire family is insured.
Guaranteed Purchase Option on JuvenilePolicies
I get the question all the time - whyshould I buy insurance for my kids? There are lots of good answers:college savings, wedding present, a way to invest money for your entirefamily using your child's good health. But one particular optioncan be infinitely valuable; the guaranteed ability to buy more insurance(with no medical requirements) up to 6 more times for that child. Statisticsin the U.S. say that at least one in four children between 16 and 30 willbecome either uninsurable, or strongly (badly) rated for insurance; themain reason is directly related to diet (overweight, diabetes, etc). TheGPO option on our juvenile policies allows you to purchase the abilityfor your children to GET insurance later in life (up to age 40). Ifyou already have not, you will meet Knights who only have life insurancebecause their parents bought it for them - they cannot get private insuranceanymore for any number of reasons. Call me - ask me about the detailsof our GPO.
New PRODUCT - Variable Paid Up Additions
I am often asked "so after I buythis policy, how do I add to it?" Up until now, the answer wasbasically that you had to buy a new policy (and all the procedures thatwent with it). The only exception is the child policy I describedabove. But as of April 1 of this year, we now offer a new choice;an increasing "paid up addition rider" that you can increaseby 25% each year. No additional medical is required, and you candouble the size of your policy over time (or not - the great part aboutthis new feature is that it is completely optional - on a year by yearbasis - to increase your policy coverage (and cash) or not). If youare interested in more details, please ask me about it. This is alsoan excellent way to accelerate your cash value if you so choose.
Have a wonderful Summer. And ifwe have not talked or met in more than a year, I suggest that we do. Iam at your service and a resource for your to take advantage of. Letme walk you through a "financial check-up"; one-on-one. Itis a free service.
God Bless!
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