Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to Albright, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Albright 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 Albright to pay these premiums
  • You can make a substantial gift on the installment plan
  • Albright receives a gift they can use now or hold for the future

More Information

Contact Us

Brian Pinto, MPA, CFRE
Assistant Vice President of Major and Planned Giving
610-929-6728
bpinto@albright.edu

 

Albright College
13th and Bern Streets
Reading, PA 19612

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