Gifts of Life Insurance

     


    How It Works

    • You transfer ownership of a paid-up life insurance policy to Mills-Peninsula Hospital Foundation.
    • Mills-Peninsula Hospital Foundation elects to cash in the policy now or hold it.

    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.

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