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Do I still need my life insurance?
Mr. and Ms. Smith are the parents in a successful two income family with four children. They own a nice house near the city and
February 1, 2022
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Mr. and Ms. Smith are the parents in a successful two income family with four children. They own a nice house near the city and
A message from Insuring A Better World Fund’s President and Co-Founder, David Simon. My life in philanthropy started early on as a family value exemplified
Eliminate premium payments on an unneeded life insurance policy by supporting your favorite charity. You may receive a charitable income tax deduction.
In a year when charitable giving has skyrocketed, many individuals are seeking information on how to maximize their assets for the cause they care about
Simon presents Insuring A Better World Fund’s donation for the Foundation for Appalachian Ohio’s I’m a Child of Appalachia© Fund to Tracy Mann, FAO’s Director of Professional Advisor Services.
On August 25th, Insuring A Better World Fund’s president David Simon addressed financial professionals and planned givers in Appalachian Ohio. The webinar, hosted by the Foundation For Appalachian Ohio, highlighted the vast opportunity in the life insurance space for community foundations and financial professionals that benefit themselves and their clients/donors.
This blog is going to focus on four events that although independent each significantly impact my current thinking. I hope that the events when viewed together may provide a roadmap for financial service industry professionals, nonprofit charitable organizations, Finseca, CGP and individuals to think about their own situations and how we can work together to ensure a better world for us all.
Mr. S was the first generation in his family to be born in the United States. His parents came to
this country with only the clothes on their back. Both parents worked and Mr. S and his siblings
spent their days at the local community center when not in school.
No matter what your politics, manmade or just nature taking its course, there is no question climate change is upon us. The annual Bank of America (formerly US Trust) study showed that although climate change was a top three issue for philanthropic consideration, climate change ranked barely in the top 20 of philanthropic donations.
The Masters Golf Tournament is held annually at the Augusta National Golf Club. The Masters is more than just a golf tournament; it is rich in history and legacy. Jack Nicklaus has won this prestigious championship a record six times. Tiger Woods began his legacy at the Masters in 1997 at only 21 years of age with a record-breaking score of 18 under par and has five titles to his credit. Arnold Palmer, nicknamed “the King” won the Masters four times. That is only part of their legacy.
Did you know that $250 million of senior owned life insurance lapses each year? So, during every 9-inning major league baseball game with an average time of 2 ½ hours, $71,350.00 of life insurance will lapse without paying a death benefit to anyone. Well it’s time for your charity and its donor pool to PLAY BALL in the $21 trillion life insurance asset class. You can hit a grand slam for your charity and your potential donors by repurposing unwanted life insurance for the benefit of charities that support causes that cure disease, educate the underserved, help veterans in need of medical and financial assistance, support religious institutions, protect the environment and so much more.
Insuring A Better World Fund strives to empower charities with valuable opportunities to enhance their impact. Today, we address a unique and often overlooked avenue for charitable giving—life insurance policies. Inspired by the insightful article from our President David Simon published on ThinkAdvisor titled “10 Top Ways to Use Life Insurance in Charitable Giving”, we explore how charities can effectively manage life insurance donations to maximize their benefits.