Did you know that you can give your life insurance policy to Gospel for Asia today and receive a charitable income tax deduction? You can also make deductible contributions to Gospel for Asia each year which we may use to pay the premiums. Gospel for Asia receives the proceeds of the policy when you go to be with the Lord.
You can also designate Gospel for Asia as the 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 Gospel for Asia.
If you have any questions about making your gift of life insurance, please click here to send Gospel for Asia an email with your questions or comments.