Knights of Columbus Field Agent Report

Soon it will be Valentine's Day. Are you certain that the one you love is the beneficiary on your life insurance policy? It would be a wise idea to find out - and update your beneficiary if necessary. As your Knights of Columbus agent, I can help you do that.

Why is this important? A life insurance policy protects the financial status of another person - or people - in the event of your death. Through a beneficiary designation, you determine who that should be.

With a Knights of Columbus insurance policy, you select both a primary beneficiary and, if you choose, a contingent, or secondary, beneficiary. It's always a good idea to select a contingent beneficiary in case you outlive your primary beneficiary. A contingent beneficiary is the person designated to receive life insurance policy proceeds if the primary beneficiary dies.

You should be as specific as possible in wording your beneficiary designation. By naming your wife, daughter, son, etc., as beneficiary, you make sure that the life insurance proceeds will be available to them in a timely manner.

Your life situation will undoubtedly change over time. Plan to update your beneficiary designations periodically. This will ensure that your life insurance coverage will protect those you want it to protect.

Changing your beneficiary is a simple process. Simply complete a change of beneficiary form (#113A) for each policy you want to change. I can provide you with these forms - and I will help you to fill them out. I can also help you with beneficiary designations for any life insurance policy you hold - regardless of the company that issued it.

Call me, let's talk.

Joseph Tackx
231-865-1230 - eMail