Gifts of Life Insurance
How It Works
- You transfer ownership of a paid-up life insurance policy to the Academy of the New Church Secondary Schools (ANCSS), Bryn Athyn College of the New Church (BAC) and the General Church of the New Jerusalem (GC).
- ANCSS, BAC, GC elects to cash in the policy now or hold it.
- Consider naming ANCSS, BAC, GC in your long-term plans. It's simple.
Benefits
- Make a gift using an asset that you and your family no longer need.
- Receive an income tax deduction equal to the cash surrender value of the policy.
Next
- Frequently asked questions on gifts of life insurance.
- Contact us so we can assist you through every step.