Hobart and William Smith Colleges

How It Works

1. You assign all the rights in your insurance policy to HWS, designate us as irrevocable beneficiary, and then receive an income-tax deduction
2. HWS 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 HWS to pay these premiums
• You can make a substantial gift on the installment plan
• HWS receives a gift they can use now or hold for the future