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Life Insurance Policy

Diagram Description

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to Bonnie Brae, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Bonnie Brae may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Bonnie Brae to pay these premiums
  • You can make a substantial gift on the installment plan
  • Bonnie Brae receives a gift they can use now or hold for the future

 

Request an eBrochure

Request an eBrochure with more information about this gift.

Which Gift Is Right for You?

Find out which gifts match you best with our Life Stage Gift Planner™.

Contact Us

Moira Perrone
Development and Communications Coordinator
908-569-7065
MPerrone@bonnie-brae.org

Bonnie Brae
3415 Valley Road
PO Box 825
Liberty Corner, NJ 07938

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3415 Valley Road, PO Box 825, Liberty Corner, NJ 07938-0825
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Ph 908.647.0800

F 908.647.5021

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