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Gifts of Life Insurance
CLICK HERE FOR A DETAILED EXPLANATION
How It Works
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You transfer ownership of a paid-up life insurance policy to Holy Family University. |
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After the transfer, Holy Family elects to cash in the policy now or to keep the policy and receive the death benefit later. |
Benefits
- You receive gift credit and an income tax deduction for the lesser of the cash surrender value of the policy or the total of you premium payments.
- In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
- You have the satisfaction of making a significant gift now to Holy Family without adversely affecting your cash flow.
More
To learn more about gifts of life insurance, Email us, complete the Information Request Form, or call Michael Foley at (215) 637-7700 x.3428 so that we can assist you.
Holy Family University
Institutional Advancement 9801 Frankford Avenue Philadelphia, PA 19114-2009
(215) 637-7700 x.3428 | Fax: (215) 637-2110
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