Lifetime Gifts of Insurance
(Gift illustration)
How it works
You transfer ownership of a paid-up life insurance policy to the University of Pittsburgh.
The University of Pittsburgh cashes the policy now, or maintains it and receives the death benefit later.
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Benefits
- You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy.
- In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
- You gain the satisfaction of making a significant gift to the University of Pittsburgh without adversely affecting your cash flow.
For more information
Email us, complete the personal illustration form, or call us at 1-800-817-8943 so that we can assist you through every step of the process.