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Gifts of Life Insurance

How It Works

You transfer ownership of a paid-up life insurance policy to Mental Health America.

MHA 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 immediate income tax deduction for the cash surrender value of the policy (technically, the “interpolated terminal reserve value” of the policy).
  • 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 can have the satisfaction of making a significant gift now to MHA without adversely affecting your cash flow.

More


For more information

If you are considering a gift of life insurance, email us, complete the personal illustration form, or call us at (703) 838-7533 so that we can assist you through every step of the process.
Gift Plans Bequest Charitable Bargain Sale Charitable Gift Annuity Deferred Gift Annuity Charitable Lead Trust Pooled Income Fund Remainder Annuity Trust Remainder Unitrust FLIP Unitrust Retained Life Estate
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