Life Insurance
Giving the gift of life insurance is as easy as naming Oasis Sanctuaries as a beneficiary of your life insurance policy. Whether you choose to name us a full or partial beneficiary, you will be giving a substantial gift at low out-of-pocket costs. Additionally, the insurance premiums you pay to fund the insurance policy are tax deductible. Or, if you choose, you can name us the owner and beneficiary of the policy and report the fair market value or the amount you paid in premiums (whichever is less) as a contribution on your income taxes. Either way, a gift of life insurance is a terrific way to make a donation at little to no cost to you.
WHY DONATE AN YOUR LIFE INSURANCE POLICY ?
By naming Oasis Sanctuaries Inc. the beneficiary of your life insurance policy, you will receive several benefits :
Your yearly premiums are tax-deductible, or if you donate the full policy to Oasis Sanctuaries Inc., you will no longer be obligated to pay the premiums and can deduct the full value of the policy from your income taxes.
Help further the work and mission of our organization.
HOW OASIS SANCTUARIES INC BENEFITS :
Your gift of life insurance can provide Oasis Sanctuaries Inc. immediate benefits, or be used to continue your legacy towards our organization that will continue beyond your lifetime. By naming us the owners and / or beneficiary of the policy, the proceeds from the policy can be used to fund our services for years to come. You may designate this money for a specific program or instruct us to use it toward the greatest need. Whichever way you choose, you will be confident that you are investing in the continuation of the important work of our nonprofit.
HOW TO BEGIN :
It is easy to give a gift of life insurance. A Life Insurance agent can give you all the details and requirements, and instruct you on the forms that need to be completed in order to name Oasis Sanctuaries as the beneficiary or owner of your policy. You can also designate us a partial beneficiary of your policy.
There are many other options to consider when giving a gift of life insurance that should be considered carefully. To learn more about these options please consult your estate planning advisor. We can also provide you with additional information should you request it.
Before making any planned gift, please notify us of your intentions so we can discuss options with you and plan accordingly to honor your desires. Please email our Philanthropy Team.
We are also glad to speak with you, or your financial advisor or attorney, to discuss this giving option in complete confidence and without any obligation. Please call to arrange a conversation : (805) 709-5193 or email our Philanthropy Team.
If you have any questions, email our Philanthropy Team.
*This information is provided without obligation as a service and does not constitute tax or legal advice. We encourage you to consult your tax advisor, lawyer or other financial advisor before making any decisions about contributions from your estate or assets.