Life Insurance and Annuity Contracts

Gifts of life insurance may be used in several ways to make a gift in support of UNC Charlotte. On existing policies, Donors may name the university as either the sole beneficiary or as one beneficiary among others on an existing policy. Some donors, especially younger alumni, have opted to purchase a new policy with the university as owner and beneficiary. The donor can expect to receive an income tax deduction with either option. The charitable deduction will depend upon several factors, including what, if any, of the premium remains to be paid.

If you would like more information on the versatility of life insurance in financial or estate planning, please contact Director of Gift Planning Carl E. Johnson, Ph.D., CFP®, at (704) 687-7217 or e-mail.