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Designate & Donate
Gifts of Life Insurance
How It Works
- You transfer ownership of a paid-up life insurance policy to Africa University.
- AU elects to cash in the policy now or hold it.
Benefits
- Make a gift using an asset that you and your family no longer need.
- Receive an income tax deduction.
- In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
Download a brochure on this topic:
Next
- More details on gifts of life insurance.
- Frequently asked questions on gifts of life insurance.
- Term Life Insurance (Dream Builders Program)
- Contact us so we can assist you through every step.
The gift planning information presented on this site is intended as general. It is not to be considered tax, legal, or financial advice. Please consult your own personal advisors prior to any decision.
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