A charitable gift of life insurance may
be appropriate for some benefactors who have an existing
policy they no longer need, or where the benefactor wishes
to purchase a new policy with the Congregation of the
Sisters of Saint Joseph named as the irrevocable beneficiary.
This can be a way for you to insure future gifts to the
Sisters of Saint Joseph.
Charitable gifts of life insurance include: Existing Policy
and New Policy.
Those who depend upon an insurance
policy to protect their family may name the Sisters of
Saint Joseph as contingent beneficiary if the beneficiary
named in the policy predeceases the insured. In this case,
the policy would not be assigned to the Congregation and
there would be no income tax savings; but if the primary
beneficiaries die before the insured, the proceeds passing
to the Sisters of Saint Joseph will be free of federal
estate taxes.
Email us for more information.
Sisters
of Saint Joseph
9701
Germantown Avenue
Philadelphia,
PA 19118-2694
(215)
248-7238
(800)
482-6510
FAX
(215) 248-7277
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