Gifts of Insurance

A gift of your life insurance policy is an excellent way to make a gift to Saint James School. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Saint James. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Gift of Insurance

Insurance

Benefits of gifts of life insurance

• Receive a charitable income tax deduction
• If Saint James School retains the policy to maturity, you can receive additional tax deductions by making annual gifts so the school can pay the premiums
• If Saint James School cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
• If Saint James retains the policy to maturity, or you name the school as a beneficiary, when the policy matures, the proceeds of your policy will be paid to Saint James so that the school can use the proceeds to further it's mission

How to make a gift of life insurance

To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Saint James School, Inc. as the beneficiary of your policy.

Contact us

If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.

Please let us know if you have already named Saint James as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your generosity and foresight.

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