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Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to Fox Chase, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Fox Chase 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 Fox Chase to pay these premiums
  • You can make a substantial gift on the installment plan
  • Fox Chase receives a gift they can use now or hold for the future

More Information

Contact Us

Pat Simpson
215-728-4740
Patricia.Simpson@fccc.edu

 

Office of Planned Giving
333 Cottman Avenue
Philadelphia, PA 19111-2497

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