Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

You assign all the rights in your insurance policy to UAB, designate us as irrevocable beneficiary, and then receive an income-tax deduction
UAB may surrender the policy for its cash value or hold it and receive the proceeds at your death

You receive a federal income-tax deduction
If premiums remain to be paid, you can receive income-tax deductions for contributions to UAB to pay these premiums
You can make a substantial gift on the installment plan
UAB receives a gift they can use now or hold for the future

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Which Gift Is Right for You?

Kimberley S. Coppock, J.D.
Sr. Director of Development
Planned Giving
(205) 975-5970
kcoppock@uab.edu

UAB Office of Planned Giving
AB 1270
1720 2nd Avenue South
Birmingham, AL 35294
Federal Tax ID Number: 63-6005396