Gifts Tomorrow
Life Insurance
Life insurance can be a powerful way to support the ministry in the future. Some donors name Denison Ministries as a beneficiary on an existing policy, while others explore transferring ownership of a whole life policy that is no longer needed. In some circumstances, donors may also consider establishing a new life insurance policy for charitable purposes.
Who is this for?
This option may fit donors who have a whole life insurance policy no longer needed for its original purpose or who want a simple beneficiary-based legacy gift.
This might be right for you if:
- You have a paid-up whole life insurance policy that is no longer essential to your family plan.
- You want to support the ministry through a beneficiary designation rather than a current cash gift.
- You are reviewing your estate and beneficiary documents with an advisor.
Why this gift?
How it may benefit you
Depending on how the gift is structured, life insurance giving may:
allow you to support the ministry without changing your current giving rhythm,
create a future legacy gift through a beneficiary designation, or
in some cases, provide a charitable deduction if policy ownership is transferred.
How it helps the mission
A life insurance gift can become a meaningful long-term expression of partnership, helping sustain Denison Ministries’ mission for the future.
How it works
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1
Review the life insurance policy with your advisor
Confirm whether a beneficiary designation, ownership transfer, or another approach best fits your goals.
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2
Contact Denison Ministries.
We can help confirm how the gift would be received and what information you may need for forms or records.
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3
Update the policy paperwork
Your insurance provider can help you complete the beneficiary or ownership change.
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4
Let Denison Ministries know your intention
Sharing your plan helps us acknowledge your generosity and answer any follow-up questions.
Example
Emily owns a paid-up $50,000 whole life insurance policy she no longer needs. By transferring ownership of the policy to Denison Ministries, she may receive a charitable deduction for the policy’s cash value.
Frequently asked questions
Ready to take the next step?
If you are considering a beneficiary designation or an ownership transfer, we can help you think through the next step with your advisors.
Email: donors@denisonministries.org
EIN: 26-3191442
Denison Ministries does not provide legal, tax, or financial advice. Please consult your advisors. Gift acceptance is subject to Denison Ministries' Gift Acceptance Guidelines.