Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

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

 

Contact Us

Bethany K. Goolsby, JD
Associate Vice Chancellor for Development
(901) 448-8212
bgoolsby@uthsc.edu

The University of Tennessee
Health Science Center
62 S. Dunlap, Suite 500
Memphis, TN 38163

Back

The University of Tennessee Foundation Inc., is the preferred channel for all private contributions that benefit students and faculty within the UT System.