The Knights of Columbus (KofC) offers Survivorship Universal Life (SUL) insurance as a specialized permanent life insurance product designed primarily for married couples, business partners, and families focused on wealth preservation. Often called a "second-to-die" policy, it provides a flexible financial tool tailored specifically to the needs of practicing Catholic members and their spouses. Here is a breakdown of how the KofC Survivorship Universal Life policy works, its key use cases, and how to access it:

 Core Mechanics of the SUL Policy - Covers Two Lives: The policy insures two people under a single contract. Second-to-Die Payout: The death benefit is paid out only after the second insured individual passes away. No benefit is distributed when the first person dies.

 Flexible Premiums: Policyholders can adjust premium payments and cash values over time to match changing financial climates. Tax-Free Wealth Transfer: The ultimate death benefit transfers to beneficiaries generally income-tax free, maximizing the cash value of your legacy. 

Primary Strategic Uses: Estate Planning and Conservation: Heirs can use the tax-free payout to offset federal estate taxes, ensuring family assets or real estate remain intact rather than being liquidated. 

Family Business Succession: SUL helps fund transition planning by providing liquid capital to buy out non-interested heirs while allowing active family members to maintain control of a business. 

Funding Special Needs Trusts: It secures long-term care funding for children or dependents who will require managed financial support after both parents are gone. 

Charitable Legacies: The policy enables donors to maximize their philanthropic impact by naming church entities, trusts, or Knights of Columbus Charities as partial or primary beneficiaries. 

Eligibility and Strength - Exclusive Membership: These insurance products are strictly available to practicing Catholic members of the Knights of Columbus and their immediate spouses. 

Financial Credibility:KofC maintains high-tier stability ratings, including an A+ (Superior)rating from A.M. Best and an AA+ from S&P. Give me a call and let me know how I can best assist with your personal situation.

Ryan Janak – Field Agent

832-693-3160

Ryan.Janak@kofc.org