A gift of your life insurance policy is an excellent way to make a gift to Asbury Foundation. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Asbury Foundation. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Asbury Foundation as the beneficiary of your policy.
If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.
Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.
You can also designate Asbury Foundation as a partial, full or contingent beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. Your estate may benefit from an estate tax charitable deduction.
Your deduction for the gift of life insurance will depend on whether the policy has increased in value above the premiums and whether the policy is paid up or there are remaining payments to be made.
The Asbury Foundation is at the heart of Asbury Communities' not-for-profit pledge to make a difference in seniors' lives. Our Mission of securing charitable support to enhance the lives of persons served by Asbury is key to providing peace of mind to residents of Asbury's communities. Through benevolent care and life-enriching community programs and projects, we ensure that at Asbury, you can anticipate more.