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Knights Of Columbus Sells More Life Coverage

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NU Online News Service, Jan. 3, 3:13 p.m. – The Knights of Columbus, New Haven, Conn., a Catholic fraternal life insurance company, reports it sold $4.3 billion in individual life insurance in 2001, up from $4 billion in 2000, and now has a total of $43 billion in coverage in force.

Premium revenue figures were not immediately available.

The 120-year-old fraternal says it also collected $200 million in annuity premiums, 71% more than it collected during the previous year, and gave $110 million to charitable causes.

The Knights of Columbus has 1,300 sales representatives, 12,000 local units and 1.6 million members.