Beneficiary of a Life Insurance Policy
What Are the Benefits of Gifting Life Insurance?
- The donor could receive a charitable income tax deduction.
- If CCSC retains the policy to maturity, you can receive additional tax deductions by making annual gifts to CCSC to pay the premiums. If CCSC cashes in the policy, you will be able to see firsthand how your gift supports our charitable work.
- If you name CCSC as a beneficiary, once the policy matures, the proceeds of your policy will be distributed to CCSC.
How do I Make a Gift of Life Insurance to CCSC?
To make a gift of life insurance, please notify your attorney of your intent, contact your life insurance provider to request a beneficiary designation form and include CCSC as the beneficiary of your policy. Notify CCSC of your intent by email or phone.
Contact CCSC About Making a Gift
If you have any questions please contact Lauren Niemeyer, Development Director, firstname.lastname@example.org or at 713-961.3993.