A Gift of Life Insurance

 

A gift of life insurance is a unique way to provide the Church with truly meaningful support in an affordable way, allowing people of all means to make truly remarkable gifts.

You can benefit your parish, the Archdiocese or one of its schools either by transferring ownership of a life insurance policy or by making a beneficiary designation. Life insurance proceeds will be paid promptly to the Church without being subject to probate fees. When you make your parish, the Archdiocese, or a Catholic school both the owner and the beneficiary of a new or existing policy, the insurance premiums are tax deductible. The cash surrender value of an existing policy can also be given as a charitable gift.

If you are a Knight of Columbus, you might want to consider the organization’s insurance offerings.