Donate Life Insurance
Make a lasting and profound impact on the lives of children, while benefiting from immediate or deferred tax benefits.
How it works
There are several ways to give a gift of life insurance:
- 1 Transfer an existing life insurance policy to Canadian Feed The Children and receive a charitable gift receipt.
- 2Apply for a new life insurance policy, with Canadian Feed The Children as the owner, and receive a tax receipt for the premiums you pay.
- 3Make Canadian Feed The Children the beneficiary of a life insurance policy. This option gives you no immediate tax benefits since Canadian Feed The Children does not own the policy, but your estate will receive a charitable tax receipt for the death benefits.
Importance of Professional Advice
We strongly recommend you consult your own lawyer or other professional advisor about the applicability to your situation.