Donation by life insurance
Donating through life insurance allows you to make a large donation by paying only a small portion of the amount. There are different ways to make a life insurance donation.
- You remain the owner of the life insurance policy by designating the SSVP as beneficiary of your existing policy or by signing up for a new policy. A donation receipt for the capital amount will then be given to your estate.
- You assign an existing life insurance policy (or you assign a new policy) to the SSVP which becomes the beneficiary and owner of the life insurance policy. The SSVP will issue a donation receipt that will correspond to the market value of your existing policy. You will also receive an annual donation receipt for the premiums you continue to pay, if applicable.
Other donation options
Planning a gift is a significant gesture for your assets. It is possible to plan the donation of other products such as:
- Donation in kind
- RRSP donation
- Donation of residual interest
- Donation of building
- Donation through charitable annuity
- Donation by a charitable trust
- Creation of an Endowment Fund etc.
We encourage you to consult a professional financial advisor you trust.
You can also send your donation to the following address:
The Society of Saint Vincent de Paul
2463 Innes Road, Ottawa, Ontario K1B 3K3
Need more details? Contact Philippe at:
exdir-dirgen@ssvp.ca
Tel: (613) 837-4363, Toll-free: 1-866-997-7787