Financial or personal circumstances may change and you may find you no longer need a life insurance policy for its original intent. For example, your investments might provide unexpected income and security which could lead you to consider this arrangement.
One of the easiest ways to make a significant future gift to Stamford Hospital is to designate the Hospital as the recipient of all or part of the proceeds of a life insurance policy that is no longer needed for family protection. Donating a paid-up policy during your lifetime can result in a charitable deduction for an amount approximately equal to your policy’s cash surrender value.
Another way of making a special gift over a period of time is to purchase a new life insurance policy in which you name the Stamford Hospital as owner and beneficiary or co-beneficiary. Such arrangements may result in a contribution that is much larger than its cost. To learn more, please contact the Foundation at (203) 276-5900 or email to firstname.lastname@example.org