Life Insurance
We are grateful to those who choose to work with Chabad of SW Coral Springs, ensuring Jewish continuity. The multiplier effect of life insurance is an outstanding strategy to help the Jewish Community far beyond your personal finances.
Gifts of life insurance are extremely affordable for younger donors, affording them the opportunity to make sizable gifts, while also making a defining statement about their care for a Jewish future.
There are several ways to donate life insurance:
- You can contribute a new or existing policy by transferring the policy to Chabad.
- You name Chabad as the Owner and Beneficiary of the Policy.
- You include Chabad as one of the Beneficiaries of the Policy
There are substantial benefits to both you and our Center:
- The premium payments will provide you with an income tax deduction.
- The endowed gift to our center will be substantially larger than the amount used to fund the insurance policy.
- The insurance policy proceeds pass directly to Chabad outside of your estate and are not subject to probate or estate taxation
If you are considering to leave Chabad as a life insurance beneficiary to benefit the Jewish Community, please fill out the attached Declaration of Intent, so we can properly recognize you as a member of the Jewish Legacy Society.