Planned Giving

Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to Orbis, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Orbis 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 Orbis to pay these premiums
  • You can make a substantial gift on the installment plan
  • Orbis receives a gift they can use now or hold for the future

More Information

Contact Us

Kasia Biezychudek
VP Philanthropy
646-674-5553
kasia@orbis.org

 

Orbis
52 Vanderbilt Avenue
New York, NY 10017

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