Planned Giving
Planned Giving
Gifts of Life Insurance
How It Works
- You transfer ownership of a paid-up life insurance policy to Modules.
- BC elects to cash in the policy now or hold it.
Benefits
- Make a gift using an asset that you and your family no longer need.
- Receive an income tax deduction equal to the cash surrender value of the policy.
- You may be able to use the cash value of your policy to fund a gift that delivers income, such as a deferred gift annuity.
Next
- Frequently asked questions on gifts of life insurance.
- Contact us so we can assist you through every step.
Ways To Make A Gift
The Impact of Your Gift
Sally Ann is a Charlotte W. Newcombe Scholar, a Joel M. Weiner ’66 Honors Scholar, the recipient of the Bloomfield College Tuition Scholarship, Lucy C. Galiato Scholarship, and the Angelina and Salvatore Iannelli Scholarship.
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