Planned Giving
Use Life Insurance to Make a Gift
See your impact first hand
Use Life Insurance to Make a Gift
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 in some instances. This is a very simple way to support future UD students.
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 make UD full or even partial beneficiary of the policy. Once you name UD as beneficiary, you should notify UD of your gift.
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.
