Generous gift for a modest outlay
A gift of life insurance is an excellent way to make a
substantial, meaningful gift for a modest annual cash outlay. For example, just a few hundred dollars a year in premium payment can often purchase a $100,000 policy. Yet $100,000 earmarked for our endowment or similar purposes would be a significant commitment to our future. Keep in mind, too, that many of the newer insurance products require that premiums be paid for only a period of perhaps ten years, after which time the insurance will continue in force with no additional premium.