Life Insurance Policy
How It Works
- You assign all the rights in your insurance policy to Northwell Health Foundation, designate us as irrevocable beneficiary, and then receive an income-tax deduction
- Northwell Health Foundation may surrender the policy for its cash value or hold it and receive the proceeds at your death
Benefits
- You receive a federal income-tax deduction
- If premiums remain to be paid, you can receive income-tax deductions for contributions to Northwell Health Foundation to pay these premiums
- You can make a substantial gift on the installment plan
- Northwell Health Foundation receives a gift they can use now or hold for the future
More Information
Request an eBrochure
Which Gift Is Right for You?
Contact Us
Alexandra P. Brovey, J.D., LL.M. |
Hazel Paulino |
© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer