Life Insurance Policy
How It Works
- You assign all the rights in your insurance policy to USMMA AAF, designate us as irrevocable beneficiary, and then receive an income-tax deduction
- USMMA AAF 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 USMMA AAF to pay these premiums
- You can make a substantial gift on the installment plan
- USMMA AAF receives a gift they can use now or hold for the future
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Contact Us
Capt. James F. Tobin '77, President
(516) 773-5993
jtobin@usmmaalumni.com
USMMA AAF
300 Steamboat Road
Kings Point, NY 11024
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