Want to learn more about this simple gift? Download your FREE copy of our informative guide Change Lives With Life Insurance.
View My Free BrochureWhen the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse now deceased—your policy can become a powerful and simple way to support our work. You can use a life insurance policy in two different ways to benefit St. Mark's:
Name us a beneficiary or partial beneficiary of the policy. You can add St. Mark's as a beneficiary (or partial beneficiary) of a life insurance policy easily. Simply update your beneficiary designation form with the policy holder.
Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing paid‐up policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.