Life Insurance Policy
How It Works
- You assign all the rights in your insurance policy to UAH, designate us as irrevocable beneficiary, and then receive an income-tax deduction
- UAH 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 UAH to pay these premiums
- You can make a substantial gift on the installment plan
- UAH receives a gift they can use now or hold for the future
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Which Gift Is Right for You?
Contact Us
Tammy R. Eskridge
Senior Planned Giving Officer
256.824.3447
tammy.eskridge@uah.edu
The University of Alabama in Huntsville
301 Sparkman Drive
Huntsville, AL 35899
Federal Tax ID Number: 63-6048099
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