Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to Salve Regina, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Salve Regina may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Salve Regina to pay these premiums
  • You can make a substantial gift on the installment plan
  • Salve Regina receives a gift they can use now or hold for the future

 

Contact Us

Sandra Anthoine
Assistant Vice President of Development & Planned Giving
sandra.anthoine@salve.edu
401-341-2101

Salve Regina University
100 Ochre Point Drive
Newport, RI 02840

Federal Tax ID Number: 05-0259080

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