Charity Life InsuranceMake a lasting and profound impact on the lives of children through a charitable life insurance gift. It’s an easy way to make a significant donation to Canadian Feed The Children and offers immediate or deferred tax benefits too.
Enjoy tax benefits – Depending on how you donate your life insurance, you will enjoy tax benefits during your lifetime or on your estate. Enjoy your donation now – You can become a major donor to CFTC today, rather than having to wait years to make your gift from accumulated assets. Make a lasting impact – Donating life insurance allows you to make a significant charitable donation for a comparatively small premium. This donation will have a lasting impact on the children and communities affected by poverty.
How it worksThere are several ways to give a gift of life insurance: 1 Transfer an existing life insurance policy to Canadian Feed The Children and receive a charitable gift receipt. 2 Apply for a new life insurance policy, with Canadian Feed The Children as the owner, and receive a tax receipt for the premiums you pay. 3 Make Canadian Feed The Children the beneficiary of a life insurance policy. This option gives you no immediate tax benefits since Canadian Feed The Children does not own the policy, but your estate will receive a charitable tax receipt for the death benefits.
Life Insurance GuideIncludes a full explanation about how donating life insurance works plus a gift notification form.
Will & Estate Planning Consultation
Book a FREE, no obligation and completely confidential consultation on Will & Estate Planning with Colleen Bradley, CFTC’s expert on Estate and Investment Planning. Colleen began her career with Royal Trust specializing in Wills, estate and investment planning. She’s guided thousands of clients through the Will planning process, helping them to achieve their financial and philanthropic goals.
Colleen Bradley Estate Planning Consultant
Please note that these services are not intended to replace professional advice from a lawyer or investment advisor.
Contact UsFor more information about donating life insurance, or to book a free 30-minute session with our Estate Planning expert, please contact Cheryl Weldon at:
- 1-800-387-1221 or 416-757-1220
- [email protected]