You can use your life insurance policy to transform children's lives either during or after your lifetime. For example, you can:
You may have an insurance policy that has outlived its originally intended purpose and you no longer believe it is necessary. For instance, a policy may have originally been purchased to protect a child who is now financially independent adult.
Did you know that you can give your life insurance policy to World Vision today and receive a charitable income tax deduction? You can also make deductible contributions to World Vision each year which we may use to pay the premiums. Our ministry receives the proceeds of your policy.
Consider naming World Vision as partial, full or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate tax charitable deduction for the value of the gift to World Visions.
If you have any questions about making a gift using your life insurance policy, please click here to send us an email or call 1.800.426.5753.