You may give the death benefit of an existing policy simply by naming SOS Children's Village BC as the beneficiary.

However, to receive a current tax benefit, you must also transfer ownership of the policy to SOS Children's Village BC, which entitles you to a donation receipt for the cash value of the policy.

When you make SOS Children's Village BC the owner and beneficiary of a new policy, you receive a donation receipt for every premium you subsequently pay.

At your death, SOS Children's Village BC will receive the proceeds.

Please note: SOS Children's Village BC encourages you to seek professional legal, estate planning and financial advice before deciding on a course of action. For more information, please contact Cary Gaymond at 604-582-2990 ext. 224.