The gift of life insurance is a convenient and affordable way to make a substantial future donation to The Ottawa Hospital Foundation.
Transfer an Existing Policy to The Ottawa Hospital Foundation
You can name the Foundation as the owner and beneficiary of a policy you already own. You will be eligible for a donation receipt for the cash value of the policy and for any premiums you continue to pay.
Transfer a New Policy to The Ottawa Hospital Foundation
You can buy a new policy and name the Foundation the owner and beneficiary. You will receive a tax receipt for the premiums paid each year.
Name The Ottawa Hospital Foundation as a Direct Beneficiary
You may retain ownership of your policy and name The Ottawa Hospital Foundation as the direct beneficiary. Upon your death, your estate will be eligible for a donation receipt equal to the proceeds of the insurance. You do not receive a tax credit for current premium payments.
We strongly recommend you consult with your financial advisor if you are considering a donation of life insurance to the Foundation.
For more information, contact Andrea Peponoulas, Development Officer, at 613-798-5555, ext. 14677 or by e-mail at [email protected].