Gifts of Paid-Up Life Insurance Policy

Create a significant gift to AARP Foundation without reducing your capital assets.

How It Works

You transfer ownership of a paid-up life insurance policy to AARP Foundation.
AARP Foundation cashes in the policy now or maintains it and receives the death benefit later.

Benefits

You receive gift credit and an immediate income-tax deduction for the cash surrender value of the policy.
In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
You gain the satisfaction of making a significant gift to AARP Foundation without affecting your cash flow.

More detail on gifts of paid-up life insurance policy
Frequently asked questions on gifts of paid-up life insurance policy
contact the Gift Planning Team so we can assist you through every step.

contact GIFT PLANNING

We can help you create a personalized gift that best suits your needs and goals. Request information

Meet the members of the Gift Planning team and contact them with questions or comments. Contact the Gift Planning team

The material presented on this website illustrates general concepts and ideas in charitable
gift planning, but is not offered as professional estate planning, legal or tax advice.
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