If you have a life insurance policy that has outlasted its original purpose, you can use it to reduce your taxes and create a legacy gift for Carleton.
Benefits:
- Reduce your income taxes.
- Receive additional donation tax credits by making annual gifts so that the University can pay the premiums.
- See firsthand how your gift supports our work if Carleton cashes in the policy.
- Further the work of Carleton. If the University retains the policy to maturity, or you name it as a beneficiary – once the policy matures, the proceeds of your policy will be paid to Carleton
Please contact the Personal and Planned Giving Team at plannedgiving@carleton.ca or 613-520-3636 if you have any questions.