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Donate a life insurance policy

With a gift of life insurance, you make periodic premium payments that turn into a major gift ‒ one that has the power to transform the lives of children and communities tackling some of the biggest challenges in the developing world.

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 tax receipt.
  2. Donate an existing policy to Plan International Canada now. You will receive a charitable tax receipt for the fair market value of your life insurance policy.
  3. Name Plan International Canada Inc. as the beneficiary of your existing life insurance policy. Your estate will receive a charitable tax receipt when the proceeds are paid to Plan International Canada.

The benefits:

  • Periodic premium payments makes this an affordable way to make a significant gift
  • Your insurance policy is not part of your estate and so is not subject to probate fees
  • Because your policy is not part of your estate, a gift of life insurance does not affect what you planned to leave behind in your estate for loved ones
  • Where Plan International Canada is the beneficiary, a gift of life insurance can help offset the significant tax burden on your estate
 

*Plan International Canada strongly recommends you seek the professional services of a lawyer, accountant or financial advisor to ensure that your financial goals are considered, your tax situation reviewed and your planned gift tailored to best fit your circumstances.



Get in touch with us

1.

Contact us at 416 920-1654 or toll-free at 1 800 387-1418. You can also reach us by e-mail at legacy@plancanada.ca

3.

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