CFL DOH Spring 2022

honor Degree of Honor Publication SPRING 2022 VOL. 125 / ISSUE 326

President's Message

All in the Family for New Catholic Financial Life CEO John Borgen

The Value of Value Life Insurance

In this issue:

President’s Message

Different by Design Degree of Honor is a different kind of financial services organization. As a faith-based, not-for-profit, fraternal, we measure our success according to a ‘dual bottom line’ – financial results and fraternal impact. Both are equally important components of our mission. Being different is not an accident. It is an intentional decision that has been true since our inception 154 years ago and continues today. We are different by design . We are guided by our faith – a two-thousand-year tradition inspired by the Gospel informs our decision-making. WWJD is not just a clever marketing slogan – it is our modus operandi. We exist to serve our members – the hard-working people of Main St. USA, not Wall St. elites. Providing solid financial results annually ensures we will fulfill our promises for the benefit of generations current and yet to come. (You will receive our 2021 Financial and Fraternal Impact Report this Summer but here’s a preview: record surplus, record capital and an A- financial strength rating with a positive outlook from our rating agency, KBRA.) Enhancing quality of life is not a slogan – it is part of our purpose. Through member benefits, regional social events and local charitable activities, your membership has value beyond financial products and services. For you, with you and through you, we make a positive impact in communities. This magazine highlights some of those benefits, social activities and the difference made by some of our local chapters and impact teams. We care for our brothers and sisters in need – it is our responsibility. Through organizations like Saint Vincent de Paul, Special Olympics and Habitat for Humanity, we take seriously the Gospel mandate to love one another. That ’s why you, our members, volunteered over 58,000 hours in the name of Degree of Honor in 2021 alone. It is my honor to lead this great organization. If I can ever be of assistance to you, please contact me. It’s another thing that makes Degree of Honor different!

Being different is not an accident. It is an intentional decision that has been true since our inception 154 years ago and continues today. We are different by design .

In this issue

3 Five Wishes

God Bless,

4 The Value of Value Life Insurance 6 2022 Member Events

orgen and CEO john.borgen@catholicfinanciallife.org (414) 278-6608 John T. B President

PS Over 4 million people have fled their homes because of war in Ukraine. Please see the back cover of this magazine for information about how you can help the refugees. Will you join us?

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If you would like to receive a free printed copy, please call (888) 927-2547, option 3.

Five Wishes

At Degree of Honor, we help provide solutions for you and your family. Beyond financial guidance, members have access to many value added benefits, including Five Wishes. Five Wishes is the first living will that talks about your personal, emotional and spiritual needs as well as your medical wishes. It lets you choose the person you want to make health care decisions for you if you are not able to make them yourself. Though we don’t like to think about it, a change in our health or an accident can happen to anyone. Five Wishes helps communicate your wishes to your loved ones if you no longer can.

It allows you to express:

• The person you trust to make decisions for you

• What types of medical treatment you would want – or not want

• What is most important for your comfort and dignity

• What important spiritual or faith traditions should be remembered • What you want your loved ones and healthcare providers to know about you

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The Value of Value Life Insurance

In this complicated world, there are some things that are simple — like the need to protect our loved ones. Degree of Honor’s Value Life Insurance is a Whole Life Insurance plan that is easy to understand, low cost and provides cash value. It’s that simple. It guarantees low-cost premiums and protection for your whole life. Let’s find out how Juan and Catherine benefited from Value Life Insurance.

Catherine’s Background Age: 67 Income: $60,000 Family: Husband and three children

Health Status: Occasional smoker, average health Goals: Ensure her family has enough money to cover funeral costs

Meet Catherine Catherine is a 67-year-old recent retiree. When reviewing her finances and organizing important documents, she grew concerned that her three children would need to pay for her funeral/burial out of pocket since she didn’t have any life insurance. She only had group coverage through work that expired when she retired. Catherine reached out to a member of Degree of Honor’s Insurance Solutions Team and purchased a $25,000 Value Life Insurance policy for less than $90 per month. Her coverage will never decrease, and her premium will never increase. Catherine was able to enjoy more of her retirement knowing her kids were financially protected if something were to happen to her.

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Meet Juan Juan and his wife Kathy have been married for three years. They recently welcomed their one-year-old son, Tom, into the world. To ensure his family was protected, he knew he needed to purchase life insurance. Keeping his family in a great home and making sure they could replace his income were Juan’s top priorities but he also wanted to make sure there was a death benefit regardless of when he passed away. With welcoming a newborn into the world, Juan had a limited budget to work with. As he researched different products, he understood the importance of Term Life Insurance for larger coverage but was worried about spending too much on Term Life Insurance that only provided coverage for a certain amount of time. Juan shared this information with Degree of Honor’s Insurance Solutions Team. His Advisor discussed the benefits of Term Life Insurance for covering large, temporary needs and the importance of Whole Life Insurance for covering permanent needs. His Advisor mentioned the benefits of combining Value Life Insurance with a Term Rider for additional protection. After Juan reviewed the numbers of an individual Term Life Insurance plan or a Value Life Insurance plan with a Term Rider, it made more sense to apply for the combination plan.

Juan’s Background Age: 33 Income: $55,000 Family: Wife and one-year-old child Health Status: Average health Goals: Ensure his family is protected and has enough money if he passes away

Contact our Insurance Solutions Team to learn more about Value Life Insurance at (800) 947-5812, option 3.

15-0041-3/22 Degree of Honor is a division of Catholic Financial Life. Catholic Financial Life is headquartered in Milwaukee, Wis. Products and services are not available in all states.

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2022 Member Events Join us at our upcoming member events!

Worcester Red Sox Baseball Game Worcester, Mass. June 19 Tickets are $18 and include seats in the third base reserved section and a ballpark credit of $12 – good for food or merchandise on the day of the game. Deadline: June 1 Milwaukee Brewers Baseball Game Milwaukee, Wis. June 25 Stop by Helfaer Field before the game to pick up your tickets and enjoy games, music and more! Tickets are $22 and include great seats in the Terrace Reserved and a $7 voucher that can be used at the Helfaer Field concession stand! Deadline: June 1 Summertime Fun at Fireman’s Park Columbus, Wis. July 16 $35 per family group Bring your friends and family to join us for a day of Summertime fun in Columbus, Wis. ! Enjoy family games, bocce and corn hole tournaments, bingo, raffles and more! Deadline: July 1 Milwaukee Zoo Milwaukee, Wis. July 20

Wisconsin State Fair West Allis, Wis. August 10 Ticket price: $9 for ages 6 and up, children 5 and under are free Deadline: July 15 Irish Fest Milwaukee, Wis. August 18-21 Ticket price: $13 for adults (ages 13 and up), children 12 and under are free $11 for adults (ages 9 and up), children 8 and under are free Deadline: July 22 Minnesota State Fair St. Paul, Minn. August 27 12:00 to 3:00 p.m. More information to come! Pilgrimage to Our Lady of La Salette Shrine Attleboro, Mass. September 11 No charge Basse’s Farm Colgate, Wis. More information to come! Virtual Bingo November 16 Free to play! Everyone is welcome. Deadline: November 11 Deadline: August 1 Mexican Fiesta Milwaukee, Wis. August 26-28

Roger Williams Park Zoo Providence, R.I. Discounted Tickets Beginning June 1 Ticket price: $13 for adults, $7 for children ages 2 – 12, children under 2 are FREE, $13 seniors (62+) Tickets are good any day you choose to visit the zoo, with no expiration date. A savings of up to $7 per ticket! Deadline: May 20

Family Fun Ticket price: $11 for adults (ages 13 and up), $8 for children (ages 3-12), children 2 and under are free Tickets include admission to the zoo, parking, one ice cream cup per person, beer, soda and popcorn! Please Note: Tickets will not be available after the deadline dates, no exceptions.

To register or learn more about these events, visit degreeofhonor.com/ member-events or call (414) 278-6570.

Deadline: June 20

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Impact Teams

Are you looking to make an impact in your community?

Members from Lisbon, N.D.,

Gather your friends and family to become an Impact Team! As a member, simply follow these three easy steps to get started!

organized an Impact Team to make wreat for residents of a loc nursing home. This unexpected holiday gift helped beautify their rooms and brought joy during the holiday season.

hs al

1 Gather at least four

other people (members or not) to form an Impact Team

An Impact Team in Green Bay, Wis., supported a holiday boutique fundraiser for the Altar and Rosary Society of St. Bernard Parish.

2 Complete a short application to explain what the

group would like to do

3 Once approved,

This Impact Team helped bring people together who value Christian education in support of their local schools – St. Anthony Catholic School and Holy Trinity Lutheran School in Athens, Wis.

Degree of Honor will provide financial support and Impact Team t-shirts for up to five people!

Event included a dinner, raffle and a live auction.

It’s that easy! Visit degreeofhonor.com/ impact-teams for more information.

Residents of a nursing home in Appleton, Wis.,

were treated to a Christmas party hosted by this Impact Team. Volunteers played cards with the residents, helped them make Christmas cards and crafts.

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NON-PROFIT ORG. U.S. POSTAGE PAID RIPON, WI PERMIT NO. 100

1100 West Wells Street Milwaukee, WI 53233

Helping our Brothers and Sisters in Need “For I was hungry and you gave me food, I was thirsty and you gave me drink, a stranger and you welcomed me.” – Matthew 25:35 In response to the ongoing conflict in Ukraine, millions of people have fled their homes and are now refugees. As Christians and doers of the Word, we are called to help. Will you join us? Catholic Financial Life is launching a donation campaign and will match a portion of every dollar donated. In turn, we will donate all of the proceeds to a trusted partner, Catholic Relief Services, to go toward helping Ukrainian refugees. You can also mail a check, made payable to the Catholic Financial Life Foundation, to the following address: Catholic Financial Life Foundation, 1100 West Wells Street, Milwaukee, WI 53233 Your contribution to this campaign, through the Foundation’s website or directly via a check to the Catholic Financial Life Foundation, is tax deductible to the full extent of the law. Catholic Financial Life will cover the fees associated with making your contribution via our Foundation’s website, so 100% of your donation will go toward helping Ukrainian refugees. Visit foundation.catholicfinanciallife.org/Ukraine today!

More than 4 million people are fleeing for their lives to neighboring countries — leaving behind homes, jobs and everything familiar.