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Life Insurance Policy

Life Insurance Policy Diagram

How It Works

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

More Information

Contact Us

Dan White
Director of Development
(978) 867-4843
dan.white@gordon.edu

 

Gordon College
255 Grapevine Road
Wenham, MA 01984

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