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Gifts of Life Insurance

 


How It Works

  • You transfer ownership of a paid-up life insurance policy to Suffield Academy.
  • N/a elects to cash in the policy now or hold it.
  • Consider naming Suffield Academy in your long-term plans. It's simple.

Benefits

  • Make a gift using an asset that you and your family no longer need.
  • Receive an income tax deduction equal to the cash surrender value of the policy.
  • You may be able to use the cash value of your policy to fund a gift that delivers income, such as a deferred gift annuity.


Suffield Academy   185 North Main Street   Suffield, Connecticut 06078   Phone 860.386.4400  |  Fax 860.386.4411