Immediate Payment and Deferred Payment

Our supporters often overlook the benefits of giving a life insurance policy to Reformed Theological Seminary.

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 RTS 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 offsetting those payments.

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

(Back to All Gifts-at-a-Glance)

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Whether you're a prospective student, current student, alumnus, donor, or friend of RTS, we would love to hear from you.