Make WIZO the beneficiary of your life insurance policy!
Gift of Life Insurance:
Designate WIZO as the beneficiary of your life insurance policy. Life insurance can be used to fund an unrestricted gift to WIZO, assuring the growth and continuity of our projects in Israel. A policy taken out during one's lifetime will ensure the continuity and perpetual support of our beneficiary programs beyond the lifetimes of our valued donors. WIZO can be designated as sole beneficiary of a new policy, in which case all premium payments are tax deductible. Also, an existing policy can be transferred to WIZO as sole beneficiary. At the time of the transfer, a tax deduction equal to the net cash value to the policy can be taken. All future premium payments would be tax deductible. Because life insurance premiums are based on mortality rates, gifts of life insurance are extremely affordable for younger donors, thereby giving them the opportunity to make sizeable deferred gifts with very modest out-of-pocket expenses.