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Life Insurance Can Be the Gift That Keeps on Giving

Life Insurance Can Be the Gift That Keeps on Giving

Life Insurance

Life Insurance Can Be the Gift That Keeps on Giving

Want to make a significant donation to a charity when you pass away, but you don’t have the funds? Think about a life insurance policy. A term policy would have to be in effect when you die, while a whole life insurance policy could stay in effect throughout your lifetime. Either way, a relatively small yearly investment could turn into a large donation when you pass away. You can make the charity the beneficiary of your policy, or set up a Trust that will then donate those funds to charity. Either way, life insurance can be the gift that gives after you pass away.

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