|
| One of the best ways to support your charity with life insurance is to purchase a permanent life insurance policy. Decide how much you want to contribute each year. Use that amount to pay the premiums for a permanent life insurance policy. Name the charity as the beneficiary of the policy.
One of the biggest benefits of charitable giving with life insurance is that you can make a difference to a charity you believe in and still leave your assets intact for your heirs. It’s the best of both worlds.
|
|
| not to mention you can write the premiums off your taxes each year.
|