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Life Insurance Policy

Life Insurance Policy Diagram

How It Works

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

More Information

Contact Us

Cory Jacobs
Executive Director
607-762-3314
cory.jacobs@nyuhs.org

 

UHS Foundation
Johnson Hall
10-42 Mitchell Ave.
Binghamton, NY 13903

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