Life Insurance Acceptance and Recognition for Donors Under 40

Viviana Gonzalez

Our organization (healthcare) currently accepts planned gifts such as life insurance policies, bequests, CGA, etc. Recently we received some inquiries from potential life insurance donors under the age of 40 who would like to make a gift of life insurance to the Foundation. Our Gift Acceptance policy states that in exchange for a gift of life insurance from donors, we recognize them in our giving society at the amount of the face value of the policy. For younger donors however it would be quite easy for them to make minimal payments for a policy of a much larger face value due to their age. Wondering if anyone knows of any resources or information that I can look further into or perhaps learn more about how other organizations treat and recognize these types of gift.