Printer Friendly
   
FacebookTwitter
Share on Facebook
Cancel
Share on MySpace
Cancel
Share on Twitter
A short URL will be added to the end of your Tweet.

Cancel
Share on LinkedIn
Cancel

Life Insurance Gifts

Life Insurance Gifts

A life insurance gift is a terrific way to ensure a legacy to Jewish National Fund (JNF). Life insurance leverages the contribution so that even a modest premium can mean a significant gift later on.

There are two ways to gift a life insurance policy. A donor can gift an existing policy that is no longer needed, or a new policy specifically earmarked for Jewish National Fund can be established.

The allowable tax deduction is figured differently for each. With a new policy, the donor can receive an income tax deduction for each premium paid. For an existing policy that has cash values, the donor receives a deduction equal to an amount related to the cash value of the policy. Once the policy is transferred to JNF, any future premiums paid can be used as an additional tax deduction.

In both cases, the policy’s ownership and beneficiary designation need to be transferred irrevocably to Jewish National Fund. To speak to a JNF Planned Giving Specialist, please call (800) 562-7526. Donate a life insurance policy and join the Daron and Ron Barness Circle.

 

Log In

Please log in to change your profile or settings.

Find us on:

         

Google+

Earn up to 9.5% on your money.

Choose from one of the many planned giving options and consult with a JNF Planned Giving specialist by filling out an information request.

Other Initiatives

JNFuture
Alternative Spring Break
YourPage