Alumni & Friends

Alumni & Friends

Add Life Insurance to Your Giving Ability

Donors often overlook the benefits of giving a life insurance policy to Neumann College. A donor carrying more insurance coverage than his family obligations now require can find a hidden gift asset in a surplus, paid-up policy. A younger member can create a significant future gift by taking out a new policy and naming the College as the owner and beneficiary.

You can contact Henry Sumner, Vice President of Institutional Advancement & College Relations, at 610-558-5513, for details on transferring a policy to Neumann College.

A gift of a paid-up insurance policy produces a charitable deduction in the amount of the cash surrender value of the policy. A donor securing a new policy, naming Neumann College the owner and beneficiary, may deduct the gifts covering the College’s premium payments.

For further information, please contact Denise LePera by calling 610-558-5548 or via email at leperad@neumann.edu

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