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Gifts of Life Insurance

CLICK HERE FOR A DETAILED EXPLANATION

How It Works

  You transfer ownership of a paid-up life insurance policy to Nyack College.


  After the transfer, Nyack elects to cash in the policy now or to keep the policy and receive the death benefit later.

Benefits

  • You receive gift credit and an income tax deduction for the lesser of the cash surrender value of the policy or the total of you premium payments.
  • In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
  • You have the satisfaction of making a significant gift now to Nyack without adversely affecting your cash flow.

More

To learn more about gifts of life insurance, Email us, complete the Information Request Form, or call us at (845) 675-4428 so that we can assist you.




Nyack College
1 South Blvd.
Nyack,NY 10960
(845) 675-4428 | Fax: (845) 727-4127




2008 Nyack College and Alliance Theological Seminary. Click here for technical assistance.
1 South Boulevard Nyack, NY 10960 | 845.358.1710
335 Broadway/93 Worth St. 10th Floor New York, NY 10013 | 212.625.0500