Charitable Insured AnnuityWith your purchase of a charitable insured annuity, a portion of your annuity income will be used to fund an insurance policy for which UBC is the named owner and beneficiary. Benefits of a Charitable Insured Annuity include:
- Receiving guaranteed, regular payments for the rest of your life that are largely tax-free
- Providing for a significant future gift to UBC
- Knowing that the premiums paid on the insurance policy are tax creditable to you and will boost your after-tax income now and in the future as long as premiums are being paid.
For more information about charitable insured annuities, please contact: