St. Theresa's KofC Council 11877

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May 2013 Fraternal Insurance Counselor's Corner  Joe DiPiano 352-666-4200  [email protected]

Ways to pay for whole life

We live in a world of options and we are constantly bombarded by choices. Some of these make our lives more complicated, but many of these choices are created with our satisfaction in mind.

At the Knights of Columbus, every product we offer has been designed solely for the benefit of our members and their families. When I present an option to you, it’s because a team of experts has discussed it at length to be certain it serves your best interest.

We have a few options on how you can provide and pay for the whole life coverage that your family needs. Many whole life policies call for premiums to be paid for your entire life or to age 100. But we also offer permanent life coverage with guaranteed cash values (and the potential to earn dividends, which are not guaranteed) through policies that offer a limited period of premium payments.

First, we offer “10 Pay Life” and “20 Pay Life.” Consider paying premiums for 10 or 20 years, and never having to pay for the coverage again. The plan is “paid up” and no more premiums are due. The plan stays in force, the death benefit remains intact and the guaranteed cash value continues to grow.

A plan with similar benefits is “Life Paid Up at 65.” The difference over 10 or 20 Pay Life plans is that this permanent product requires you to pay premiums until age 65. Then, premiums stop (just in time for retirement), but the plan remains in force.

Finally, the ultimate in limited pay is our Single Premium Life product. Imagine buying life insurance — permanent life insurance — and only paying one single premium? It’s possible.

To learn more about these products, our long-term care insurance, disability income or retirement products, please call me today.

Joe DiPiano

352 666 4200

[email protected]


June 2013

Think you are too old for coverage? Maybe not

You are never too young or too old to consider purchasing life insurance. If you have a financial need for coverage, or will in the future, a permanent life insurance policy can be just the thing you need.

When you are young and presumably healthy, coverage will be very inexpensive when compared to purchasing the same policies when you are older.

If you’ve put off purchasing coverage, or you realize that you may need additional insurance, the Order may still be able to help you, even if other companies cannot. In fact, in 2012, the issue age of our permanent life insurance products was extended to age 80. Naturally, your health, and whether or not you smoke, will be taken into consideration, so underwriting standards for risk and age apply.

This change came in response to a question I’ve heard before: “My wife and I are almost 80, do the Knights offer anything to take care of our final expenses?” And it can also help the members who thought they were “too old” to attain our coverage.

This extension of our coverage ages allows me to help members I couldn’t help before. I look forward to discussing coverage with you.


Joe DiPiano

352 666 4200

[email protected]


Our Friendly Fraternal Benefits Associate  Joe, helping a Young Lady @ Dinner

Joe, helping a Young Lady

March 9, 2013

Plan for this tax day and into the future

April 15 (tax day) is right around the corner. It’s become popular this time of year to encourage the opening of an IRA or similar retirement annuity, or the depositing of additional funds into an existing account, as a tax-savings vehicle. A secondary approach is to tout the rate of interest that money in one of these accounts can earn. Let me join the chorus of folks encouraging you to open or add funds to an annuity, but for a different reason.

Certainly, contributing money to a Knights of Columbus annuity will allow you to save some money on your income tax return. And our annuities do pay a very competitive interest rate, consistent with our primary goal of absolute safety of principal. Opening or adding to an annuity for these reasons, however, strikes me as taking a short-term view of a product that is designed to provide long-term security. How much security? How does retirement income that you cannot outlive — guaranteed — sound to you?

Here at the Knights of Columbus, you can open a retirement annuity for as little as $300. Consistent and disciplined savings placed into that annuity over time can guarantee you an income at retirement that you cannot outlive.  That guarantee — along with the fact that no one has ever lost money left in a Knights of Columbus annuity (remember – absolute safety of principal) — really will provide you with peace of mind.

I am happy to meet with you – at your convenience and in your home – to explain in detail the benefits of opening a Knights of Columbus annuity, along with the benefits of our top-rated life insurance, disability income and long-term care insurance plans.


Joe DiPiano

352 666 4200

[email protected]

April 2013

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 of capitalism.

At the Knights of Columbus, we know this business model is incorrect. 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 highly. 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 the Supreme Knight. “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 and not money-making. Yet, each year we remain profitable, increase our assets and stay dedicated to this vision that will keep the Order sound financially for generations to come.

“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.”

To learn more about our products, contact me today.

Joe DiPiano

352 666 4200

[email protected]


                                  WHAT ARE YOU WORTH?                           


Why insure everything you own for what it is worth, EXCEPT your life, your most valuable and important asset??? Each of us is an income machine and should be insured for our lifetime income potential. It is not a question of "if we die" but "when we die". Will your family be protected properly?


No one ever died with too much money. Would you be interested in arranging some tax-free income for your family when you die? In almost every case, life insurance proceeds go to family members tax-free, replacing pensions and social security benefits that are critical to your loved ones.

If God spoke to you this morning and said: "You were going to die next year," how much life insurance would you buy today?

If God spoke to you this morning and said: "You are going to live to be 100 years of age," how much money would you invest in an annuity that would provide a lifetime income no matter how long you lived?

If you’re like the rest of us, God probably didn’t tell you how long you are going to live. The question is: How much life insurance are you going to buy to replace your family’s most important and valuable asset--YOU?

If you were killed in an accident, how much should your family sue to replace their most important and valuable asset, your life? WHAT ARE YOU WORTH? Give me a call. I can help you answer these questions!

Joe DiPiano

352 666 4200











































































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