Charitable Life Insurance: Breathe Life into Your Legacy.
Breath is Life. Both are precious.The tuberculous veterans who founded TB Vets knew that. They started TB Vets to help BC breathe. Help us continue that proud legacy, by making us a part of your legacy. TB Vets has partnered with Charity Life Direct to bring you an easy way to do this: the Charitable Life Insurance Program.
Your legacy gift can mean the world to future generations.
The CLIP is a simple life insurance policy whose benificiary is TB Vets. The policy can be for as much as 50,000. You pay into the policy for 5 years, and that's it!
The Charitable Life Insurance Program is different from other insurance contracts in that it has been designed to meet the unique needs of not-for-profit organizations like TB Vets interested in leveraging the benefits of life insurance as a gifting tool.
Guaranteed premiums and payout – Both the premiums and the death benefit from the CLIP policy are contractually guaranteed. You never pay more, and we never receive less.
Short payment period – You may choose either 3 or 5 annual payments, whichever is best for you. The CLIP is fully paid-up once these payments have been made.
No medical exams – There are no medical exams required in this program. The only requirement is an acknowledgment of good health. Over 85% of potential donors will qualify for the program, even those of older ages.
No restrictions – Unlike other Guaranteed Issued programs, there are no delays in the payment of the benefit. The coverage is immediate and the benefit is paid immediately.
Donor commitment – The short payment period allows you to pay for the full coverage. We know that the value of your gift is not as vulnerable to changes in your financial position as other gifting commitments.
Simple to understand – Since the CLIP product has no complex features, it is easy for both you and our representatives to understand.
The CLIP policy provides a simple, guaranteed solution designed specifically for the charitable need. None of the benefits of life insurance as a gifting tool has been lost. Premiums are deductible, the gift is not contestable by other heirs and the charity owns the contract. The problems of using other life insurance policies for gifting purposes have been eliminated.
For more information on the Charitable Life Insurance Program and how it fits with TB Vets Charitable Foundation’s financial vision, please contact Jane Harding, Planned and Major Gift Officer, at 604-874-5626, or jharding@tbvets.org.
You can subscribe to the Charitable Life Insurance Program online by clicking on the Apply Now button.
TB Vets Charitable Foundation is pleased to present Metro Vancouver's premier recovery service for lost mobile phones, laptops, cameras, music players and any other wireless devices. This new initiative is powered by the TB Vets proven key return service and promotes the quick and easy return of all lost items. Apply the ID decal to your items and register online. It's that simple!
