Gifts of Insurance
A gift of your life insurance policy is an excellent way to make a gift to Conway Regional Health Foundation. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Conway Regional Health Foundation. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
Benefits of gifts of life insurance
- Receive a charitable income tax deduction
- If Conway Regional Health Foundation retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
- If Conway Regional Health Foundation cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
- If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our charitable work
How to make a gift of life insurance
To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Conway Regional Health Foundation as the beneficiary of your policy.
Contact us
Conway Regional Health Foundation has a dedicated team to help you honor a loved one, leave your legacy, create tax benefits, or a combination of all of these goals. We look forward to continuing the conversation.
Marla Hambuchen: [email protected], 501-513-5771
Please let us know if you have already included Conway Regional Health Foundation in your estate plan so we can recognize you and your family for your generosity.