Life Insurance can translate into an extremely affordable and generous charitable gift. Life Insurance can be a means of creating a legacy in the future that would not be possible today.
Gifts of life insurance can take the form of
- Making the Foundation a beneficiary of a policy,
- A single-premium policy transferred to the Foundation at the time of issuance,
- A paid-up policy transferred to the foundation, or
- An existing or new policy on which future premiums are payable.
Gifts of Life Insurance policies require approval of the Foundation under the terms of the Planned Giving Policy.
If you would like to explore how a gift of Life Insurance could help you and your family to achieve your personal financial and charitable planning goals, please contact the staff at (207) 594-6705 or email@example.com.
None of the foregoing is intended as estate, tax or legal advice of any kind. Your unique situation requires that advice of your independent, qualified legal, tax and/or financial advisor(s). Pen Bay Healthcare Foundation adheres to the Model Standards of Practice for the Charitable Gift Planner and the Donor Bill of Rights.
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