A gift of life insurance is a practical and affordable way to invest in World Vision Canada’s programs and have a greater impact than you may have thought possible while saving on taxes and protecting the value of your estate for your heirs.

Here are a number of ways you can give the gift of life insurance:

Name World Vision Canada as the owner and beneficiary of a new policy. When you make World Vision Canada the owner and beneficiary of a policy, you will receive charitable tax receipts for the premiums paid each year.

Name World Vision Canada as the owner and beneficiary of an existing policy. If you have a policy that has served its original purpose, you can name World Vision Canada as the owner and beneficiary. Any premium payments will qualify for a charitable tax receipt. If the policy is fully or partially paid, you will receive a charitable tax receipt for the fair market value of the policy.

Name World Vision Canada as the beneficiary of a new or existing policy and keep the ownership in your name. By naming World Vision Canada as the beneficiary of an individual or group life insurance policy your estate will receive a charitable tax receipt for the full amount of the insurance proceeds. However, the owner will not receive a charitable tax receipt for any premiums paid. The beneficiary can be changed at any time.

Since there are many types of life insurance policies, we suggest that you speak with a financial advisor or insurance agent to ensure that your gift aligns with your financial and philanthropic goals.