If you are over age 60 and no longer need a paid-up Life Insurance policy, it can be donated to American Friends. Simply naming AFHU as the irrevocable owner and beneficiary of the policy allows you to claim an immediate income tax deduction for the fair market value of the policy.
To learn more about the benefits of a gift of life insurance and other planned giving options, please contact Debra Rubenstein, Esq., AFHU’s National Director of Planned Giving at 800.899.AFHU (2348) or email plannedgiving@afhu.org.
