Donating a life insurance policy is a powerful way to make a significant future gift—often much larger than you might be able to give during your lifetime. By naming United Way Centraide Canada as the beneficiary or owner of your policy, you can create a lasting legacy that helps build stronger communities across the country.
Ways to Give Through Life Insurance
- Name United Way Centraide Canada as the beneficiary of an existing or new policy. Your estate will receive a charitable tax receipt for the value of the gift, in accordance with Canada Revenue Agency Guidelines.
- Transfer ownership of a policy to United Way Centraide Canada during your lifetime. You may receive immediate tax benefits based on the policy’s fair market value and any premiums you continue to pay.
Why consider this option?
- Affordable way to make a substantial impact
- May provide immediate or future tax benefits
- Allows you to support a cause close to your heart without affecting your current financial situation
