A gift of Life Insurance enables you to make a significant, lasting gift to the Mount with a minimal outlay of current savings or income.
When you make the Mount the owner and beneficiary of a life insurance policy, you are eligible to receive a charitable tax receipt for each premium payment.
You can immediately become a benefactor at a level you might not otherwise be able to attain. You needn’t wait to make your gift from accumulated assets, which usually take years to acquire.
Benefits
• the satisfaction of providing a future gift while retaining full control of
policy
• allows a donor to make a charitable gift larger than they may have
been otherwise possible from gifts of current income
• the donor’s estate remains undiminished