This PDF contains information about life insurance with regard to Planned Giving.

Life Insurance is an ideal financial vehicle for young people to leave as an affordable legacy. You can purchase a policy for a tax deductible premium of a few dollars each month until the policy is paid, and leave a significant bequest for the work of the church.

Older people who have an insurance policy in force can name the church as owner and beneficiary. You get a tax credit for any cash in the policy and a tax receipt for any premiums still being paid. A distinct advantage of donating money in an insurance policy is that it is not usually 'active money' so it doesn't take cash out of your everyday income.

For more information, visit the Planned Giving page.