Skip navigation
Charitable Giving
umbrellas

The Superfluous Life Insurance Policy

A missed opportunity for charitable donations?

Of the over 18.4 trillion dollars’ worth of all forms of life insurance in force, over 85 percent of those policies are surrendered or lapsed before death.1 The insureds, however, can salvage some of these assets to be used for charitable donations. In reviewing your client’s assets, be sure to address life insurance in force that will lapse or be surrendered.  

ARTICLE ACCESS REQUIRED

Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).


If you are interested in unlimited article access for one year, please select Annual Subscription below.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish