WHAT TO GIVE
Gifts of Life Insurance
A gift of your life insurance policy is an excellent way to make a gift.
If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Boys & Girls Clubs of Kootenai County.
A gift of your life insurance policy is an excellent way to make a gift to Boys & Girls Clubs of Kootenai County. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
Benefits of Gifts of Life Insurance
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Receive a charitable income tax deduction.
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If Boys & Girls Clubs of Kootenai County retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums.
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If Boys & Girls Clubs of Kootenai County cashes in the policy, you will be able to see firsthand how your gift supports our charitable work.
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If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our charitable work.
How to Make a Gift of Life Insurance
To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Boys & Girls Clubs of Kootenai County as the beneficiary of your policy.
Contact Us
If you have any questions about your life insurance policy, please contact us. We would be happy to assist you and answer any questions you might have.