The Knights of Columbus fraternal Association of the Philippines Inc. (KCFAPI) is now looking for a responsible community leader to be named as Most Outstanding District Deputy (MODD) for the year 2011-2012.
MODD is designed for District Deputies appointed in the Columbian Year 2011-2012 who have implemented an insurance coverage of at least P100,000 or more, or an equivalent to one paid life, not later than December 29, 2011.
The minimum qualifying requirements oblige that at least two councils in the participating District Deputy’s Jurisdiction must have an enforced Council Mortuary Benefit Plan (CMBP) contracts as of March 31, 2012; and that there shall be twenty-four new paid lives taken by K of C members and the immediate family members for the period of July1, 2011 up to March 31, 2012.
The lucky District Deputies will receive prizes and awards from KCFAPI.
MODD program aims to encourage an active involvement by district deputies and grand knights to the insurance program of the Order. The intensive campaign for this has contributed in the improvement of the sales production of the KCFAPI.
Meanwhile, the Fraternal Benefits Group (FBG) clarifies the definition of New Paid Life. This is a benefit certificate issued and paid to Knights of Columbus members and their immediate family members from July 1, 2011 up to March 31, 2012. The face value of the benefit certificate must be P100,000.00 or more.
However, the two or more benefit certificates with a total face value of P100,000.00 on the same life taken from July 1, 2011 to March 31, 2012 will be credited as one life.
And the lapsed benefit certificates taken from the said dates shall be deducted from all credits.
Excluded as paid lives credit are Fraternal Accident Death Benefit and Council Mortuary Benefit Plan.
For inquiries, please call telephone numbers (02) 527-2243 or (02) 527-2223 to 27. Yen Ocampo
