Planned Giving at Convent of the Sacred Heart

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Gifts of Life Insurance

CLICK HERE FOR A DETAILED EXPLANATION

How It Works

You transfer ownership of a paid-up life insurance policy to Convent of the Sacred Heart.

After the transfer, Convent of the Sacred Heart elects to cash in the policy now or to keep the policy and receive the death benefit later.

Benefits

You receive gift credit and an income tax deduction for the lesser of the cash surrender value of the policy or the total of you premium payments.
In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
You have the satisfaction of making a significant gift now to Convent of the Sacred Heart without adversely affecting your cash flow.

Is this gift for you? Click here.
Read more detail. Click here.

To learn more about gifts of life insurance, Email us, complete the Information Request Form, or call us at (203) 532-3550 so that we can assist you.

Convent of the Sacred Heart
1177 King Street
Greenwich, CT
(203) 532-3550