Life Insurance

When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse now deceased—your policy can become a powerful and simple way to support our work. There are three ways to give life insurance to the University of Colorado Foundation to benefit the University of Colorado:

Name us a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate the University of Colorado Foundation as the primary beneficiary for a percentage or specific amount to benefit the University of Colorado. You can also make the University of Colorado Foundation the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.

Make an outright gift of an existing policy. You can name the University of Colorado Foundation as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift when you itemize.

Make an outright gift of a new policy. You can take out a new policy and irrevocably name the University of Colorado Foundation as the owner and the beneficiary of the insurance contract to benefit the University of Colorado. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize.

See How It Works

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How You Can Benefit From Giving Life Insurance

Learn more about this simple gift by downloading your FREE copy of our informative guide Change Lives With Life Insurance.

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How You Can Benefit From Giving Life Insurance

Learn more about this simple gift by downloading your FREE copy of our informative guide Change Lives With Life Insurance.

View My Guide

Make a Plan for Your Assets

Download our complimentary Personal Estate Planning Kit for help getting started.

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