Ways to Give

Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

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

More Information

Contact Us

Rush Office of Gift Planning
giftplanning@rush.edu
(312) 942-6830
Federal Tax ID Number: 36-3093877

 

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