THE BENJAMIN F. MANISCALCO AGENCY • Westwood, New Jersey
Benjamin F. Maniscalco FICF, LUTCF, CSA - General Agent
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THE BENJAMIN F. MANISCALCO AGENCY • Westwood, New Jersey Benjamin F. Maniscalco FICF, LUTCF, CSA - General Agent
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     PRODUCTS
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The history of the Knights of Columbus shows how the foresight of
Father Michael J. McGivney, whose cause for
 sainthood
is being investigated by the Vatican, brought about what has become the
world's foremost Catholic fraternal benefit society. The Knights of Columbus has helped
families obtain economic security and stability through its life insurance,
annuity and long-term care programs, and has contributed time and energy
worldwide to service in communities. It has grown from several members
in one council to more than 13,000 councils and 1.7 million members
throughout the United States, Canada, the Philippines, Mexico, the Dominican
Republic, Puerto Rico, Panama, the Bahamas, the Virgin Islands, Guatemala,
Guam and Saipan.
Learn
more about the legacy of Father Michael J. McGiveny.For the 14th consecutive year, Standard & Poor’s has given the Knights of Columbus its highest rating: AAA (Extremely Strong). Since our founding in 1882, our primary mission has been to protect families against the financial ruin caused by the death of the breadwinner. With a 140-year history, Standard & Poor’s is the financial industry’s foremost independent rating bureau, providing investment, credit and risk analyses of institutions around the world. The Knights of Columbus also recently received an A++ (Superior) rating for the 31st consecutive year from the A.M. Best Company, which exclusively evaluates insurance organizations. The Knights are one of only four insurance providers in North America to receive the highest ratings from both Standard & Poor’s and A.M. Best, as well as certification from the Insurance Marketplace Standards Association for ethical business practices. In its 2006 report, Standard & Poor’s singles out the
Knights of Columbus’s “strong capital,” and its “very strong” competitive
position and liquidity. It also cites the Knights’ “historically strong
profitability,” which it The Standard & Poor’s report goes on to note that the Knights of Columbus is “successfully achieving its primary objective of providing members and their families with high-quality, low-cost insurance products. The [Order] focuses on membership growth and the distribution of fraternal benefits by engaging its members in charitable, educational, religious, and social endeavors in the community.” Supreme Knight Carl A. Anderson expressed satisfaction with the Standard & Poor’s rating, saying the report “clearly indicates that the Knights of Columbus is fulfilling its 125-year mission of providing for the needs of its members and their families, and that it continues to rank among life insurance industry leaders in sound and ethical practices.”
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attributes to the insurer’s record of “high persistency rates, favorable
mortality experience, and strong investment returns.”