Gifts of Insurance
A gift of your life insurance policy is a sound way to give to Mount Angel Abbey. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of that insurance policy to Mount Angel. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
Make a Gift of Life Insurance Today
Did you know that you can give your life insurance policy to Mount Angel Abbey today and receive a charitable income tax deduction? You can also make deductible contributions to Mount Angel each year which we may use to pay the premiums. All of the holy works of Mount Angel benefit from the proceeds of your policy.
Designate Us as Beneficiary of Your Policy
You can also designate Mount Angel as the beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate tax charitable deduction for the value of the gift to Mount Angel Abbey.
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 Mount Angel Abbey as the beneficiary of your policy.
Contact us
If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.
Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.