Glossary Term Name
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Gift-Replacement Life Insurance
How it works
You
create a gift plan like a Charitable Gift Annuity or
a Charitable Remainder Trust that will pay
you income for your lifetime.
You also create a life insurance policy, naming your children or other heirs as beneficiaries. The amount of the death benefit equals the contribution you made to create your life-income gift.
You pay the premiums for the policy from the income you are receiving from your life-income gift.
At your death, JDRF receives the remaining balance of your gift plan and your heirs receive cash in the amount of your original gift.
Benefits
For more information
Email us, complete the personal illustration form, or call us at 1-877-533-4483 so that we can assist you through every step of the process.
Alan Berkowitz
National Director of Planned Giving
Juvenile Diabetes Research Foundation International
120 Wall Street
New York, NY 10005-4001
1-877-533-4483
plannedgiving@jdrf.org
JDRF recommends that you consult your tax or legal advisors
prior to making a planned gift.
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