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