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Quote-a-Day Gifts
Insurance facts, terms, people, websites, history, and events in a calendar. Each day of the calendar year contains an interesting reference devoted to the Insurance industry.  Practical, informative and entertaining.

Insurance

October 20, 2017
PrintedOwl.com
The proceeds from a life insurance policy may be donated to a charity. Policy holders do this by adding the charity as a beneficiary on a policy. Another way is to make annual tax deductible cash gifts to the charity, which the charity uses to make the policy premium payment. State tax laws vary. Some states do not consider a charity to have an insurable interest in a donor.
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