Gifts of Life Insurance

Make a significant gift to Westminster Theological Seminary even without a large estate. Here's how you can leverage your dollars for a larger gift.

 


How It Works

  • You transfer ownership of a paid-up life insurance policy to Westminster Theological Seminary.
  • Westminster elects to cash in the policy now or hold it.
  • Consider naming Westminster Theological Seminary in your long-term plans. It's simple.

Benefits

  • Make a gift using an asset that you and your family no longer need.
  • Receive an income tax deduction equal to the cash surrender value of the policy.
  • You may be able to use the cash value of your policy to fund a gift that delivers income, such as a deferred gift annuity.