Maximize fundraising options Is your non-profit facing decreasing donations? Do you need to increase capital for your operating budget? A great option is often overlooked and awareness is also lacking; something we would like to change. Let’s take a look at your donated life insurance portfolio – there is real potential there! Our team recently […]
A non-profit had a portfolio of donated life insurance policies. Two of the policies in their portfolio were a $5,000,000 life insurance policy from New York Life insuring an 84 year old female. The annual premiums were $175,000 with a cash surrender value of $88,000. The second a $2,000,000 life insurance policy with AIG insuring a 75 year old male. The annual premiums were $80,000 with a cash surrender value of $23,400.