Lifetime Gifts of Insurance
(Gift illustration)

How it works

You transfer ownership of a paid-up life insurance policy to Furman University.

Furman University cashes the policy now, or maintains it and receives the death benefit later.

Benefits

• You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy.
• In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
• You gain the satisfaction of making a significant gift to Furman University without adversely affecting your cash flow.

For more information

Email us, complete the personal illustration form, or call us at 864-294-3461 so that we can assist you through every step of the process.