PLANNED GIVING

Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to Southern Adventist University, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Southern Adventist University may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Southern Adventist University to pay these premiums
  • You can make a substantial gift on the installment plan
  • Southern Adventist University receives a gift they can use now or hold for the future

More Information

Contact Us

Kimberly Bobenhausen
Director of Planned Giving
kbobenhausen@southern.edu

Federal Tax ID Number: 62-0536733

 

Southern Adventist University
P.O. Box 370
Collegedale, TN 37315
Telephone: 423.236.2832
plannedgiving@southern.edu

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