Catholic Diocese of Arlington
Encourage and teach with patience

Gifts of Life Insurance

Our supporters often overlook the benefits of giving a life insurance policy to the Catholic Diocese of Arlington.

If you are carrying more insurance coverage than your family obligations now require, you may find a hidden gift asset in a surplus, paid-up policy. Alternately, you could create a gift for the future by taking out a new policy on your life and naming the Arlington Diocese as the owner and beneficiary, thus creating an endowment gift from income rather than capital.

You must name us as irrevocable [you can't change the terms in the future] owner and beneficiary of an insurance policy to secure tax benefits from your gift. A gift of a paid-up policy produces a charitable deduction in the amount of the policy's cash surrender value or basis, whichever is less. If you create a new policy, we will pay the premiums, and you may deduct your gifts to us that offset those payments.

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To learn more about gifts of life insurance, Email us, complete the Information Request Form, or call us so that we may assist you.

The Catholic Diocese of Arlington
200 N. Glebe Road
Suite 811
Arlington ,VA
(703) 841-2516