Charitable Life Insurance
A Charitable Life Insurance Gift is an easy way to make a significant gift to the Art Gallery of Greater Victoria. There are many ways to give a gift of life insurance:
- Transfer an existing life insurance policy to the Art Gallery of Greater Victoria and receive a charitable gift receipt for the cash surrender value of the policy.
- Name the Art Gallery of Greater Victoria as the owner on a new life insurance policy and receive a tax receipt for the premiums you pay annually.
- Name the Art Gallery of Greater Victoria as the beneficiary of a life insurance policy. When the policy pays out, your estate will receive a charitable tax receipt for the death benefit amount.
Talk to your legal, tax, or financial advisor about which charitable life insurance gift option is best for you.