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 the Institute for Public Service, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. the Institute for Public Service 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 the Institute for Public Service to pay these premiums
  • You can make a substantial gift on the installment plan
  • the Institute for Public Service receives a gift they can use now or hold for the future

 

Contact Us

Kristen Davis
Director of Development
(865) 974-6621
kristen.davis@tennessee.edu
ips.tennessee.edu

UT Institute for Public Service
1610 University Avenue
Knoxville, TN 37921
Federal Tax ID Number: 62-1844686

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