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THE UNITED STATES

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Making a planned gift is a wonderful way to show your deep regard for the Navy League of the United States and its mission while achieving your own personal, financial, estate-planning and philanthropic goals.

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  Home > Planned Giving > What to Give > Life Insurance > Life Insurance Policy

Life Insurance Policy

Diagram Description

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to the Navy League, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. The Navy League may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to the Navy League to pay these premiums
  • You can make a substantial gift on the installment plan
  • The Navy League receives a gift they can use now or hold for the future

More Information

Request an eBrochure

Request an eBrochure with more information about this gift.

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Find out which gifts match you best with our Life Stage Gift Planner™.

Contact Us

Development@NavyLeague.org
(703) 528-1775

 

Navy League of the United States
2300 Wilson Boulevard, Suite 200
Arlington, VA 22201

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Disclaimer

Legal Disclaimer
The Navy League is an exempt organization, duly qualified under Section 501(c)(3) of the Internal Revenue Code, contributions to which are tax deductible in accordance with federal law.

If your donation is for a scholarship, the Navy League Foundation is a 501(c)(3) organization: Federal Tax ID 31-1677884.

2300 Wilson Blvd., Suite 200
Arlington, VA 22201-5424

Phone: 703.528.1775
Toll Free: 800.356.5760
Fax: 703.528.2333

 

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