Life Insurance

Giving through life insurance is an easy, powerful way to make a
substantial gift to Temple University at an affordable cost. If you have a current life insurance policy that is no longer needed for its original purpose, or if you wish to purchase a new policy to support your charitable interests, consider the value of a gift of life insurance.

"I had always wanted to leave money to Temple University.
Since I bought a life insurance policy in the 70's, the annual
life insurance premium has always been a legitimate deduction
on my tax return because I am giving it to the university. I
really believe it is our mission in life to not only take care of
ourselves, but also to help others for their futures." 
        - John Hagopian, EDU '47

Benefits to Donor
- Tax deduction on the cash/replacement value for a paid-up policy

- Future premium payments on an existing policy can be tax
  deductible

- Recognition in Temple’s Acres of Diamonds Circle

Benefits to Temple

- Leave a lasting legacy for the university area of your choice

- Can be used to create or add to endowment funds

Income

- None

For donors who …

- Want to make a large gift at a low cost

Establish this arrangement with a…

- New Policy - Designate Temple University as the owner and
  beneficiary of the policy. Temple will then use your tax-deductible
  contributions to pay the premiums.

- Existing Policy - Designate Temple as the owner and beneficiary
  of the policy, and receive an income tax deduction equal to the
  lesser of the cash value of the policy or the total premiums paid.

For more information on how to use life insurance as a charitable vehicle, please contact us.