KSKJ Life is not your regular insurance/annuity company. We offer great financial products, but we also offer many great fraternal benefits: KSKJ Voice (monthly member publication), educational scholarships, baby benefits, and many social and athletic activities.
KSKJ Life operates under a lodge system that is governed by our society bylaws. Each active lodge has a slate of officers, elected democratically, and must meet certain requirements. When these requirements are met, each lodge receives allotments from the Home Office that help support their activities. Some of these activities may be social, but many are about giving back to their communities and organizations in need.
Volunteerism is a big part of KSKJ Life. As an active member in your lodge, you have the opportunity to attend meetings and have a voice in voting on which projects you would like your lodge to support. Many of our lodges have gone above and beyond in their thinking and have come up with creative ideas to raise funds for charity.
Lodges also share in the fraternal spirit with organized picnics, chili bake-off contests, spaghetti dinners, pancake breakfasts, bean bag tournaments, dances, yard sales, raffles, and the list goes on and on.
KSKJ Life also offers a Matching Funds Program, which allows each of our lodges to raise funds for charity, needy organizations and individuals. The Home Office will match up to $1,000 of raised funds per lodge each year. Since the inception of this program in 1995, KSKJ Life and its lodges has raised over $2 million to charity and community organizations.
If you have a favorite charity that you wish to receive help, why not consider becoming an active member and volunteer your time with your lodge. Not only will you have fun partaking in lodge activities, but also, when it's time for your lodge to decide which charities to support, you will have an opportunity to nominate your favority charity as a recipient of the fraternal benefits KSKJ Life provides.
Windsor, CT & Arlington, VA - April 25, 2012: New LIFE Foundation and LIMRA Study Finds Misconceptions over Cost May be Preventing Many from Getting Coverage They Need
Consumers believe life insurance costs nearly three times the actual price, which may be deterring them from getting the coverage they say they need, according to a new report released by the nonprofit LIFE Foundation and LIMRA.
Survey respondents were asked to estimate the annual cost of a 20-year, $250,000, level-term life policy for a healthy 30-year old consumer. The actual cost is roughly $150, but Americans estimate the cost at $400. Younger adults, who are most likely to qualify for preferred pricing, overestimate the cost by nearly seven times the actual cost.
According to the 2012 Insurance Barometer Study, nearly a third of all consumers believe they need more life insurance, including 20% of current policyholders and about half of those who do not have any coverage. Yet one of the top reasons consumers cite for not obtaining more is that the product is "too expensive" (83%), second only to those who say they haven't purchased more because they have "other financial priorities" (85%).
"If someone offered to sell you a gallon of milk for $10.00, you would likely choose to spend your grocery budget on other necessities, knowing that the actual cost is closer to $3.50," said Marvin H. Feldman, CLU, ChFC, RFC, president and CEO of the LIFE Foundation. "If people think that something is too pricey, they often won't give it a second thought. The fact is, the cost for basic term life insurance has fallen by about 50% over the past 10 years and has never been more affordable. Owning life insurance is fundamental to a family's financial security, and our industry needs to do more to help educate people about the true cost of protecting their loved ones."
Women, Younger Adults and Minorities Feel the Most Underinsured
The new study found that consumers within the most underserved markets are also the most aware of their need for more life insurance. More than 1 in 3 three women believe they do not have enough life insurance coverage, compared to 29% of men. Among survey respondents 25 and younger, 41% say they need more coverage, of consumers 25 to 44 - the prime insurance-buying years - 36%believe they need more life insurance.
"Our message to the public is simple: If you're one of the tens of millions of Americans who lacks adequate life insurance coverage, act now before it's too late," said Robert Kerzner, CLU, ChFC, president and CEO of LIMRA, LOMA, and LL Global.
Provided for educational purposes only courtesy of the Life and Health Insurance Foundation for Education (LIFE). www.lifehappens.org (2012). source link
Life insurance can do some pretty amazing things for people. It can buy loved ones time to grieve. It can pay off debts and loans, providing surviving family members with the chance to move on with a clean slate. It can keep families in their homes and pre-fund a child’s college education. It can keep a family business in the family. It can provide a stream of income for a family to live on for a period of time. Life insurance can do all of these wonderful things for your family…there’s just one small catch. You need to own life insurance.
There’s a growing crisis of too many Americans not having adequate life insurance protection. According to the industry research group LIMRA, 30 percent of US households have no life insurance whatsoever. Today there are 11 million fewer American households covered by life insurance compared with six years ago. Here’s the bottom line: A majority of families either have no life insurance or not enough, leaving them one accident or terminal illness away from a financial catastrophe for their loved ones.
What if you were suddenly gone and your family had to manage on their own? When was the last time you did the math to make sure your loved ones would be OK financially? Have you checked with your employer to find out what kind of life insurance benefit you have through work and whether you have the option to increase your coverage? When was the last time you had your life insurance needs reviewed by an insurance professional?
Stop the excuses and talk to life insurance professional today. KSKJ Life's representatives are here to help you. Call today at 1.800.843.5755.
What a turbulent few years it’s been. Even as the “Great Recession” has eased, many of us are still trying to get back on solid financial footing. For some, the recovery hasn’t amounted to much. The employment market is still weak and home prices continue to fall. Gas prices are high and consumer confidence is low. Through it all, one source of financial security has remained strong, however, and that’s life insurance.
A Financial Product That Has Held its Value
Make Sure Your Family Is Protected
But what if you died tomorrow?
As difficult as it may seem to look beyond the bills due at the end of the month, you should make it a priority to either maintain your current life insurance or purchase a policy if you don’t have one. It will provide an anchor of stability for your family finances, ensuring that your loved ones will be financially secure when you die.
If you’re not sure where to start, the nonprofit LIFE Foundation offers an online Life Insurance Needs Calculator which will provide you with a general sense of your life insurance needs. Then consult a qualified life insurance professional for help determining the right solution for your specific needs. Do it today—your family’s financial future is too important to leave to chance.
The Life and Health Insurance Foundation for Education is a nonprofit organization dedicated to helping consumers make smart insurance decisions to safeguard their families’ financial futures.
The next Quadrennial KSKJ Life National Convention is currently in the preliminary planning stages. At our semiannual meeting, your National Board voted to hold the next convention in Orlando, Fla.
Although there were several other good sites, the decision to hold the convention in Orlando was based on access, availability, accommodations and attractiveness of the location for our delegates. The convention won't be held until 2014, but preliminary negotiations are critical to insure that we get the best consideration and accommodations.
The very successful 2002 convention was also held in Orlando. The proximity to Disney World and the attractive tourist sights make this a great opportunity to couple business with a family vacation.
For those interested in becoming a delegate, now is the time to start planning. Attend your lodge meetings and stay involved.
As we get closer to finalizing the convention plans, more information will be coming out about exact times and locations. For now, plan to be a part of this great event that will be happening early in August 2014.