Life Insurance

Life Insurance

 

How it works

  • You transfer ownership of a paid-up life insurance policy to Children's Hospital Oakland.

  • Children's Hospital cashes the policy now, or maintains it and receives the death benefit later.
     

 

Benefits

  • You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy.

  • 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 gain the satisfaction of making a significant gift to Children's Hospital without adversely affecting your cash flow.

 

RELATED LIFE INSURANCE LINKS
 
There can be significant advantages to using a life insurance policy as a charitable gift. For more information on how to give a gift through life insurance, please email us or call Ron Streitz, VP Planned Giving at (800) 841-4642.

 


 

Please note: The material presented in this web site is not offered as legal or tax advice. You are urged to seek the advice of your tax advisor, attorney, and/or financial planner. (Read our legal disclaimer)