Naming a Charity as a Life Insurance Beneficiary

Naming a Charity as a Life Insurance Beneficiary

Donating to a charity can be a rewarding personal experience. Whether you choose to do this during life or by naming an organization as a beneficiary, it’s a win-win situation.

By either giving the policy to an organization or naming the organization as a beneficiary, you’ll ensure your favorite charity will receive the funds they need to help others. If you like to think outside the box, the death benefit proceeds given to your family can provide the financial flexibility to make donations to the charity of their choice.