Giving Life Insurance

Many years ago you may have purchased a life insurance policy to protect your family. Today, your family circumstances may have changed and that policy is no longer needed. Did you know you can donate that policy to PBS KVIE? By giving outright and complete ownership of a partially or fully paid life insurance policy, you may be able to claim an immediate tax deduction. The amount of this deduction is based on the policy’s fair market value or the net premiums paid. Another easy option for giving life insurance is to name PBS KVIE as a primary or contingent beneficiary of your new or existing policy. This simple process entails changing beneficiaries on a form that your life insurance company will provide.

If you've decided to include PBS KVIE as a beneficiary of your life insurance policy, you can use our secure online planning partner to guide you through the process.