Life Insurance Policy Gifts
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
You may request our helpful resource brochure, Charitable Gifts of Life Insurance, by visiting our Request Information page here.