Insurance

Providing for those left behind when the family bread-winner dies, was at the heart of the Knights of Columbus’ formation in 1882. Through a simple Brother-helping-Brother concept, the insurance program of the Knights of Columbus has grown to a members-only plan that is among the strongest in the industry.

With over $45 billion protecting members through 1.6 million policies, Knights have the peace of mind that insurance provides for their immediate family. The Knights of Columbus offer unique programs that exist exclusively for the families of Knights, providing coverage for needs that often fall outside traditional insurance plans.

The insurance agent for Council 7926 is Michael Permuko, he can be reached via E-Mail at michael.permuko@kofc7926.org. He will be able to explain fully the various benefits that are offered and tailor a package to protect you and your family.

Message from our Insurance Agent

In these troubled economic times, Americans are increasingly interested in securing their financial futures but lack the appropriate financial instruments to do so, according to a survey by New York Life Insurance Company. Survey results revealed that 83 percent of Americans aged 30 and older indicated that the financial crisis has increased their desire for
financial protection for their families, while 88 percent of those 30 to 49 and the same percentage of those with minor children were similarly inclined. Although they desire financial protection, more than half of survey respondents indicated that they would rely on retirement savings, borrow from family members or get another job if their families were to lose the primary breadwinner. A mere third said life insurance would answer this need for their families. “The economic crisis has been a wake-up call for families and most are seriously concerned about protecting their loved ones, yet many still lack a secure plan to do so,” noted Mark Pfaff, an executive vice president at New York Life. “The solutions that many Americans would turn to in a crisis, including depleting retirement savings and taking an additional job, would require painful and difficult choices with serious repercussions for the family. These findings show that there is more work to be done to educate families about how life insurance helps to provide peace of mind and future financial well-being for loved ones.” According to Nicolas Boyon of Ipsos Public Affairs, which conducted the survey, “The survey findings are compelling because for over a year now Americans have been coping with increasing unemployment and dizzying stock
market fluctuations, but this hasn’t deterred consumers from a fundamental belief in protecting their families. In fact, it seems to have heightened their focus on creating financial security for their family.” Observed Mr. Pfaff, “It is very clear to us that families are feeling financially unstable, and we believe that times like these draw even more attention to the negative financial situation that would be compounded by the loss of a breadwinner and bring to the forefront the need for life insurance.”

Michael Permuko, FIC
Field Agent - Knights of Columbus

732-996-0923 (Cell)
732-714-9568 (Home Office / Fax)

1210 Chicopee Avenue
Point Pleasant, NJ 08742