Planned Giving

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Use Life Insurance to Make a Gift

See your impact first hand

A gift of your life insurance policy is an excellent way to make a gift to University of Dayton. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of all or part of your insurance policy by naming University of Dayton as the beneficiary. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults. You can also assign UD as the new policy owner. This is a very simple way to support future UD students.

Gift of Insurance
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Benefits of gifts of life insurance

  • Receive a charitable income tax deduction.
  • If the University of Dayton retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums.
  • If the University of Dayton cashes in the policy, you will be able to see firsthand how your gift supports our charitable work.

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 and make the University of Dayton the beneficiary of your policy.

You can also designate University of Dayton as a partial, full or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. Your estate may benefit from an estate tax charitable deduction.

Your deduction for the gift of life insurance will depend on whether the policy has increased in value above the premiums and whether the policy is paid up or there are remaining payments to be made.

Contact us

If you have any questions about making a gift of life insurance, or have already named UD as a beneficiary of your policy, please contact us.

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University Advancement

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300 College Park
Dayton, Ohio 45469 - 7053