Compass Newsletter

Volume 17 Issue- 4

Page-2

Insurance Corner
KC Ins Logo

The Field Agent supporting our council’s insurance needs is Luke, and he’d love to meet you.  His contact information is below:

luke.chichester@kofc.org
NH KofC Agent (603) 289-2573

 NH State KC
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KC Supreme

NH KC State Website

One day an employee came in to work with both of his ears bandaged.
When his boss asked him what happened, he explained:
"Yesterday I was ironing a shirt when the phone rang and I accidentally answered the iron instead of the phone!"
"Well," the boss said, "that explains one ear, but what about the other?"   "They called back!"

For the past several years, your Knights of Columbus insurance program has been certified by IMSA – the Insurance Marketplace Standards Association.  What does this mean to you?

Simply – it means that your trust in the Order is well-placed.  IMSA promotes high ethical standards in the marketing, sale and service of individually owned life insurance, long-term care insurance and annuity products.  The IMSA logo, which we use in our advertising and promotional materials, demonstrates our commitment to ethical market conduct.

To qualify for IMSA, we vow to:

    • conduct business according to high standards of honesty and fairness
    • provide competent and consumer-focused sales and service
    • engage in active and fair competition
    • provide advertising and sales materials that are clear as to purpose, and honest and fair as to content
    • provide for fair and prompt handling of customer complaints and disputes
    • maintain a system of supervision and review designed to achieve compliance with IMSA’s Principles of Ethical Market Conduct.
  • Our IMSA membership is further evidence of our dedication to high marketplace standards.  When you choose to do business with the Knights of Columbus, you are selecting a company that holds itself to the highest of standards.

Before going to Europe on business, a man drives his Rolls-Royce to a downtown New York City bank and asks for an immediate loan of $5,000. The loan officer, taken aback, requests collateral. "Well then, here are the keys to my Rolls-Royce," the man says. The loan officer promptly has the car driven into the bank's underground parking for safe keeping and gives the man the $5,000. Two weeks later, the man walks through the bank's doors and asks to settle up his loan and get his car back. "That will be $5,000 in principal, and $15.40 in interest," the loan officer says. The man writes out a check and starts to walk away. "Wait, sir," the loan officer says. "You are a millionaire. Why in the world would you need to borrow $5,000?" The man smiles, "Where else could I find a safer place to park my Rolls-Royce in Manhattan for two weeks and pay only $15.40?"