Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to Life's WORC, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Life's WORC may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Life's WORC to pay these premiums
  • You can make a substantial gift on the installment plan
  • Life's WORC receives a gift they can use now or hold for the future

More Information

Contact Us

Planned Giving Administrator
516-741-9000, ext. 2100
plannedgiving@lifesworc.org

 

Life’s WORC
1501 Franklin Avenue
Garden City, NY 11530

Federal Tax ID Number: 23-7209731

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