Life Insurance Policy

How It Works

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

More Information