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Since
the founding of the Order, Knights of Columbus has
been especially concerned about the welfare of the
child who loses both parents. With this program, the
Order once again demonstrates this concern for the
offspring of eligible families buy providing the
following two benefits:
1.
An Orphan Fraternal Benefit of $80 monthly is paid
for the support of each eligible orphan until he or
she reaches age 19, graduates form high school,
enters military service, marries, discontinues
Knights of Columbus insurance, or no longer attends
School (except if he or she has a disabling
illness). If the orphan attends college or
vocational/technical school full-time, the Orphan
Fraternal Benefit can continue to age 23.
2.
The child may also be eligible for up to $1750 each
year in educational grants.
The grants are based on financial need and
will not exceed $7000 over a four –year period.
For
a child to be eligible for these two orphan benefits
the father must have been in good standing with his
Council and at least one parent must have been
insured under a Knights of Columbus certificate.
The child must be less than 19 years of age
and be insured by an individual Knight of Columbus
certificate.
Basically,
if you have a policy on either you or your wife for
a minimum of at least $5000 and also cover each one
of your children under a separate policy they would
be eligible for this all important benefit.
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