Planned Giving

Life Insurance Policy

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

How It Works

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

Benefits

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

 

Contact Us

Navy League of the United States
2300 Wilson Boulevard, Suite 200
Arlington, VA 22201

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Legal Disclaimer
The Navy League is an exempt organization, duly qualified under Section 501(c)(3) of the Internal Revenue Code, contributions to which are tax deductible in accordance with federal law.

If your donation is for a scholarship, the Navy League Foundation is a 501(c)(3) organization: Federal Tax ID 31-1677884.