Donations of a Life Insurance Policy: An insurance policy can provide a significant donation to DFD and tax benefits to the donor at low cost to the donor.
You can take out a life insurance policy, naming DFD as the beneficiary and owner of the policy. The premiums you pay on this policy may be tax deductible.
If you have a life insurance policy that is paid in full, you can transfer the ownership and beneficiary to DFD and be eligible for a tax deduction.
You can change the beneficiary of a current policy to DFD or take out a new policy with DFD as beneficiary.
