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Did you know that gifts
of life insurance can
provide practically
anyone, regardless of
financial position,
the opportunity to make
a significant deferred
gift to the Sigma Nu
Educational Foundation
and receive annual tax
savings on that gift?
The Sigma Nu Educational Foundation, has entered
into an agreement with BB&T Insurance Services,
a leader in the insurance industry, to initiate
a new program that will enable gifts of life insurance
and help secure the future of the Legion of Honor.
Why give life insurance? First, the affordability
of life insurance means that practically anyone,
regardless of their financial position, can make
a significant deferred gift. Second, planned gifts
can offer tax savings. If the Educational Foundation
is named as both owner and beneficiary of a policy,
then all premiums paid are tax-deductible, as
allowed by law. Third, think of the personal satisfaction
you will receive in knowing that your gift will
help ensure that future generations will be given
the opportunities and benefits of membership in
the Legion of Honor.
Today many alumni are discovering creative ways
of using life insurance to satisfy their charitable
goals. A gift of life insurance is ideal because
it can make possible a larger donation than you
ever anticipated. Here are three strategies:
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Make
Sigma Nu the beneficiary of an existing
policy. This way you still own the policy
and control all of its options.
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Donate
an old policy you no longer need. Maybe
you bought the coverage for a purpose that
no longer exists or is no longer important.
Generally by assigning ownership to Sigma
Nu, you can receive favorable tax treatment.
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Buy
a new policy with Sigma Nuas the beneficiary
and owner. This will enable you to receive
a tax deduction on your premiums.
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If you wish, BB&T Insurance Services will
work with a top rated carrier to obtain the best
possible life insurance policy for you. They will
provide you with the benefits of competitive underwriting,
minimum requirements for applicants, and a quick
turn around period. As the 6th largest insurance
agency, within the 10th largest bank in the nation,
you can rely upon the financial strength, national
reputation, and convenient services offered by
BB&T Insurance Services.
Gifts of life insurance to the Sigma Nu Educational
Foundation will also grant you membership in the
Yates Legacy Society. For more information about
becoming a "bridge builder" for Sigma
Nu just like Society founder William P. "Bud"
Yates (Pennsylvania) please click
here.
For more information on life insurance policies
or to initiate gifts of life insurance, please
call 1-800-474-1471. Together we are making a
difference!
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