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Life Insurance

Donating a life insurance policy is a generous and impactful way to support Chai Lifeline Canada. Your gift can provide essential services and support to children and families facing serious illnesses. By naming Chai Lifeline Canada as the beneficiary of your life insurance policy, you can make a significant contribution to our mission.

Benefits of Donating Life Insurance

  • Create a lasting legacy: Ensure that your support continues to make a difference even after your lifetime.
  • Tax benefits: You may receive a charitable tax receipt for the policy’s cash value or premiums paid.
  • Flexibility: You can choose to donate a new or existing policy.
  • Transformative impact: Your donation will help us provide critical services and support to families in need.

How It Works

  • Designate Chai Lifeline Canada as the beneficiary: You can name us as the primary or contingent beneficiary of your policy.
  • Transfer ownership: By transferring ownership of an existing policy to Chai Lifeline Canada, you may receive a charitable tax receipt for the policy’s current value.
  • Continue to pay premiums: If you continue to pay the premiums, you may receive tax receipts for those payments.

Steps to Donate Your Life Insurance Policy

  • Consult your financial advisor: Ensure this type of gift fits your financial and estate plans.
  • Contact your insurance provider: Inform them of your intention to designate Chai Lifeline Canada as the beneficiary or to transfer ownership.
  • Complete necessary forms: Fill out the required forms from your insurance provider and submit them to finalize the donation.

If you have any questions or need assistance with the process, please contact us:

Thank you for considering a life insurance gift to Chai Lifeline Canada. Your generosity can make a lasting difference in the lives of children and families facing serious illness.

Legacy Contact Form

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Toronto

300A Wilson Ave.
Toronto, Ontario, M3H 1S8
Phone: 647.430.5933
Fax: 416.628.1597

Montreal

4900 Jean Talon Ouest, #220 Montreal, Quebec H4P 1W9
Phone: 514.667.7041

Crisis Intervention

1 (800) 556-6238
[email protected]

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At Chai Lifeline Canada we are passionately devoted to alleviating the burden of those facing medical challenge. From the moment of diagnosis, through the arduous months and years, in good times and bad, Canadian families have discovered that Chai Lifeline Canada is a friend for life.

Chai Lifeline Canada. Fighting Illness with Love.

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Chai Lifeline Canada is a registered Canadian charity
Reg. No. 85656 5536 RR0001

Chai Lifeline Canada is a member of the OCGA

©2020 Chai Lifeline Canada. All rights reserved. Design & Development by LeverageIT

©2024 Chai Lifeline Canada. All rights reserved. Design & Development by LeverageIT. Chai Lifeline Canada is a registered Canadian charity. Reg. No. 85656 5536 RR0001. Chai Lifeline Canada is a member of the OCGA

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