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Home > Ways to Give > Planned Giving

Gifts of Life Insurance

 


How It Works

  • You transfer ownership of a paid-up life insurance policy to Montefiore Medical Center.
  • Montefiore Medical Center elects to cash in the policy now or hold it.
  • Consider naming Montefiore Medical Center in your long-term plans. It's simple.

Benefits

  • Make a gift using an asset that you and your family no longer need.
  • Receive an income tax deduction equal to the cash surrender value of the policy.

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