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Gifts of Life Insurance



A life insurance policy allows you to make a meaningful philanthropic gift while preserving other assets for yourself and your family. 


You can name The League of Women Voters of Colorado as the primary beneficiary of your life insurance policy or as contingent beneficiary should your other beneficiaries not survive you. After your lifetime, the benefits from your policy pass to us free of federal estate tax. 

Benefits: 

  • Easy to Give – Involves little effort or paperwork
  • Financial Advantage – Continued ownership of your policy
  • Freedom and Flexibility – You can change your mind and your beneficiaries at any time
  • Future Tax Savings – Removes the asset from your potential gross taxable estate
  • Leave a Legacy – Your gift will help enrich and strengthen the culture of Colorado
  • Changing your beneficiaries is easy – Simply contact your insurance carrier and request a beneficiary form

You can donate your paid-up life insurance policy to LWVCO. If the policy has a cash value, we would have the option of either holding the policy until the maturity date or surrendering the policy in order to receive the policy’s current cash value. 

Benefits: 

  • Income Tax Savings – Claim an income tax deduction
  • Future Tax Savings – Removes the asset from your potential gross taxable estate
  • Leave a Legacy – Your gift will help enrich and strengthen the culture of Colorado 

To make a gift of insurance, simply contact your life insurance company and request a Change of Beneficiary/Ownership Form. Designate us as the new owner and beneficiary of your policy.