How It Works
You can name TNC as primary beneficiary of your life insurance policy or as contingent beneficiary should your other beneficiaries not survive you.
Please note: You can also irrevocably donate your paid-up life insurance policy - please contact us directly about making this type of gift.
Here's the process:
- Provide now for a future gift by naming TNC as beneficiary of a policy insuring your life.
- At death the benefits pass to TNC free of federal estate tax and are applied to the program designated by the donor.
- Execute this estate planning strategy with little paperwork. Change your mind and beneficiaries at any time.
- Remove an asset from your potential gross taxable estate, saving on taxes in the future.
- Make a significant gift from income instead of capital.
- Build your future conservation goals.
- Gain personal satisfaction in providing for the causes that matter to you most.
Can It Work for You?
A life insurance gift might be for you if:
- You are a younger donor who wants to make a significant gift.
- You have an estate that won't have substantial assets to distribute to non-family members.
Example: You bought a life insurance policy to protect your family. Your family no longer needs this protection and you decide to name TNC as the beneficiary of the policy. After your lifetime, the policy benefits will go to TNC to help protect critical lands and waters.
Meet Drs. Beth Salerno and Tod Ramseyer
Drs. Beth Salerno and Tod Ramseyer listed The Nature Conservancy as a beneficiary of their retirement plans and life insurance policies. Read their story.