Knights of Columbus | Insurance
We Stand Strong On Ethical Ground
Some
people
believe
that
ethics
in
business
is
a
contradiction
in
terms.
They
think
that
in
order
to
be
profitable,
a
company
and
its
leaders
must
abandon
morality
and
embrace
the
dark,
greedy
side that they see so often in the news and in movies.
At
the
Knights
of
Columbus,
we
know
this
isn’t
true.
A
business can be both ethical and successful. We are.
As
a
Catholic
organization,
we
understand
the
value
and
importance
of
our
core
beliefs
and
the
original
mission
of
Venerable
Father
Michael
J.
McGivney.
In
fact,
much
of
the
strength
and
financial
security
we
provide
to
members
and
their
families can be attributed to our ethical, moral standards.
More
than
96
percent
of
Knights
who
buy
our
life
insurance
keep
it,
year
in
and
year
out.
The
Order
takes
this
commitment
to
our
members
very
seriously.
This
means
carefully
planning
when
it
comes
time
to
invest.
Our
professional
staff
researches
all
transactions
to
insure
that
they
fall
in
line
with
Catholic
values.
If
a
transaction
makes
them
uncomfortable,
they
don’t
make it.
“We
exclude
any
company
engaged
in
activity
that
conflicts
with
Catholic
moral
teaching:
companies
directly
involved
in
abortion,
contraception,
human
cloning,
embryonic
stem
cell
research,
for-profit
health
care
that
pays
for
any
of
these,
or
pornography,”
said
Supreme
Knight
Carl
Anderson.
“There
are
many
companies
in
the
pharmaceutical
and
communications
industries
that
would
undoubtedly
provide
excellent
returns
for
us,
but
which
are
not
in
our
portfolio
because
they
engage
in
research
and
development
or
programming
in
ways
that
violate
the sanctity or dignity of human life.”
In
the
end,
the
Knights
of
Columbus
investment
strategy
is
motivated
by
morality,
not
money.
Yet,
each
year
we
remain
profitable,
increase
our
assets
and
stay
dedicated
to
this
vision
that
will
keep
the
Order
financially
sound
for
generations
to
come.
But
don’t
just
take
our
word
for
it.
In
2016
the
Knights
of
Columbus
was
named
a
“World’s
Most
Ethical
Company”
by
the
Ethisphere
Institute
for
the
third
year
in
a
row.
We
were
one
of only two life insurance companies to earn the honor.
“Faithful
Catholics
have
choices
when
buying
life
insurance,”
said
the
Supreme
Knight.
“But
they
know
that
at
the
Knights
of
Columbus
their
policy
is
supplied
by
an
insurer
that
shares
their
moral
and
ethical
values
and
is
guided
in
all
of
its
investment
and sales practices by those values.”.