LIFE INSURANCE AS A CHARITABLE GIFTLIFE INSURANCE AS A CHARITABLE GIFT

Did you know that charitable life insurance makes up 25% of all gifts to the LCF? Charitable life insurance offers a great solution for a number of reasons:
  • It’s affordable and allows your client to give more than he/she could otherwise give.
  • Your client determines the amount he/she can afford in annual premium payments, and in turn, receives a charitable income tax deduction if the contract is owned by a charity.
  • Multiple charities can benefit through one life insurance contract and changes can easily be made to those designations later if you wish.
For more information on how charitable life insurance solutions could benefit your clients, contact an LCF Gift Planner by email, or call 1-800-365-4172.