Make a Donation through Life Insurance

Giving a gift through life insurance is a unique way to provide the Church with truly meaningful support in a very economical way. Gifts of life insurance allow people of all means to make truly remarkable gifts to their Parish.

There are three different ways to give a gift of life insurance:

Purchase a new policy, and name your Parish as the owner and beneficiary. The premiums you pay on the policy are then deemed a charitable donation for which you receive a tax receipt.

Donate an existing policy that you no longer require. Once you assign the policy to your Parish, its cash value qualifies as a charitable donation for which you receive a tax receipt. Likewise, any ongoing premiums you pay are considered donations and are eligible for tax receipts.

Name your Parish as the beneficiary of an existing policy over which you maintain ownership. Upon death, a tax receipt is issued to your estate and the payment issued to your listed beneficiary.

If you have decided to include your Parish in your Life Insurance, please let us know. We would like the opportunity to show our appreciation for your generosity. Please contact Francis Doyle at 905-528-7988 ext. 2235 (Francis works for our Diocese and is best suited to help with this - just mention this is for St. Margaret Mary Parish) or you can talk to Father Jamroz directly. All calls are confidential.