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

Contact Us

Shep Shepard
(978) 402-2258
shep shepard@concordacademy.org
Federal Tax ID Number 04-1200600

Concord Academy
ATTN: Shep Shepard
166 Main Street
Concord, MA 01742    

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