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Gifts of Life Insurance

CLICK HERE FOR A DETAILED EXPLANATION


How It Works

You transfer ownership of a paid-up life insurance policy to The Latin School of Chicago.

After the transfer, The Latin School elects to cash in the policy now or to keep the policy and receive the death benefit later.

Benefits

  • You receive gift credit and an income tax deduction for the lesser of the cash surrender value of the policy or the total of you premium payments.
  • In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
  • You have the satisfaction of making a significant gift now to The Latin School without adversely affecting your cash flow.

More

To learn more about gifts of life insurance, E-mail us, complete the Information Request Form, or call us at (312) 582-6042 so that we can assist you.




The Latin School of Chicago
59 W. North Blvd.
Chicago, IL 60610
(312) 582-6042 | Fax: (312) 582-6041



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