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Donate a life insurance policy

A gift of life insurance is a simple way for you to make a substantial gift to Plan Canada.

The benefits:

  • It’s an affordable way to make a major gift through modest premium payments.
  • The insurance policy is not part of your estate and therefore, not subject to probate fees (fees paid to the government when establishing your will).
  • Where Plan is the beneficiary, the donation receipt may be used by your estate to offset taxes.

Ways you can give a gift of life insurance:

  1. Purchase a new life insurance policy and name Plan International Canada Inc. as the owner and beneficiary. The premiums you will pay qualify for a charitable donation receipt.
  2. Donate an existing policy that you no longer need. The donation receipt for an existing life insurance policy is calculated on the basis of its fair market value. Please note: Plan International Canada Inc. will facilitate the calculation of the fair market value using the insurance policy by an independent actuary.
  3. You can keep ownership of your life insurance policy and name Plan International Canada Inc. as the beneficiary. Your estate will receive a charitable donation receipt when the proceeds are paid to Plan.

Please note:

  • Our legal name is Plan International Canada Inc.
  • We encourage you to seek professional advice to ensure that your financial goals are considered, your tax situation reviewed and that your planned gift is tailored to best fit your requirements. The information provided here is intended as an overview and does not constitute financial advice.

For more information, please consult your insurance agent, accountant or financial advisor or discuss with Karobi Ray, CFRE,toll-free at 1-800-387-1418 ext. 292 or (416)-920-1654 ext. 292 or email


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A biannual publication for donors who have remembered Plan International Canada in their will, or who are considering a gift to Plan International Canada.

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Where Your Money Goes

80.5% of donations go to support programs benefiting children and families

Where Your Money Goes

Learn how your contributions have helped change the lives of children and families in developing countries.