Gifts of Life Insurance
Some Lighthouse supporters no longer need life insurance policies that they purchased when their families were young. By donating a life insurance policy to the Lighthouse, you can claim an immediate income tax deduction. Your future premium payments are also deductible. If you prefer to retain ownership, you can alternatively simply designate the Lighthouse as a beneficiary or the beneficiary of your policy. You will only gain tax benefits, however, if you donate your policy. You will also be supporting the Lighthouse mission while meeting your commitments to your loved ones.
To learn more about gifts of life insurance to the Lighthouse, please contact the Planned Giving Office at (212) 821-9443 or email plannedgiving@lighthouse.org. All inquiries will be kept strictly confidential.