LifePoint Charitable Endowment is a 501(c)(3) non-profit organization that accepts, pools, and manages life insurance policies donated by seniors to benefit their favorite charities.

If you are thinking about lapsing, surrendering, or terminating your life insurance policy, there are several reasons why you should donate the policy to LifePoint instead:

• You can give up paying insurance premiums
• You can make a sizeable financial gift to the charity of your choice
• You receive a tax deduction for your donation

The charity you designate will receive regular financial distributions over time, helping improve its financial position, in good times and in more challenging economic environments.

Many seniors lapse their unneeded or unwanted life insurance policies, surrendering an estimated $300 billion in benefits each year. What if only a portion of this $300 billion could be used to make a difference to charities, and those they serve, without expense to the donors – without expense to the charity? Now, it can.

Your life insurance policy can be your key to a powerful legacy!