Knights of Columbus Insurance
Metro Omaha, Nebraska
A MUST SEE VIDEO FOR EVERY CATHOLIC....
Remember to Vote on November 4th. Lives depend on you.
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Knights of Columbus Insurance Metro Omaha, Nebraska
A MUST SEE VIDEO FOR EVERY CATHOLIC.... Remember to Vote on November 4th. Lives depend on you.
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But I report to you today that there is no reason to be concerned about the value of your Knights of Columbus annuity or life insurance. Because of our very conservative approach to investing our $14 billion in assets, the impact on the Knights of Columbus has not been material, in other words, it has been minimal – far smaller than for many other organizations and the industry as a whole. We have purposefully avoided investing in the highly complex and speculative investments that have brought disaster to some of America’s most well known companies. What Standard & Poor’s said of us just one month ago when they reaffirmed our AAA rating for the 16th consecutive year remains true today. Our “liquidity is viewed as extremely strong, reflecting an asset portfolio that consists primarily of high-quality, investment grade bonds.” S&P also stated that our “investment portfolio has very strong credit quality” and our capital adequacy is “among the strongest in the industry.” This is the case today. Our capitalization is, and remains, “extremely strong.” Our surplus stood at more than $1.7 billion on June 30 of this year, providing an unusually large cushion of protection against turmoil of the sort we have seen in recent weeks. One crucial area continues to set us completely apart from those firms which have incurred enormous debt. We have no debt on our balance sheet. Our strong cash flows and extremely strong financial position makes it unnecessary for us to borrow funds at all. As a result, our financial condition remains extremely strong, and you can be certain that you are fully protected by one of the strongest and most reliable insurance programs in the entire industry.
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Steve G. Kluthe
Business/ Fax 402-502-5973 Cell
Phone E-Mail: Steve.kluthe@kofc.org COUNCILS SERVED Fr.
Flanagan Of
Dear Brother Knights and families, I want to take this opportunity to thank you and trust and confidence you have placed in me. To provide members and their families with the service envisioned by Fr. Michael J. McGivney through the use of life insurance, annuities and long term care, while always keeping the best interests of brother Knights at all times. EDUCATION
Bachelors: Finance
Saint Joan of PROFESSIONAL LICENSES
FROM STATE OF Life and Annuities Sickness Accident and Health SPECIAL
COURSES / CONTINUING EDUCATION Fraternal Insurance Counselor ( Fraternal Insurance Counselors Fellowship (FICF) Business, Investment, Estate and Retirement Planning
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Send mail to tim.heller@kofc.org with
questions or comments about this web site.
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