Life Insurance Policies
We welcome your prayers & your gifts
An easy and straightforward method of philanthropic giving is through life insurance policies.
Fertilis Terrae welcomes gifts of life insurance when the policy is paid in full and Fertilis Terrae is named as the owner and the irrevocable beneficiary of the policy.
Fertilis Terrae also accepts:
- Policies not paid in full if they can be surrendered for current value
- Policies that can be converted to reduced face amount
- Policies with sufficient value to remain in effect without additional premiums
- Benefits where Fertilis Terrae is named beneficiary or contingent beneficiary
How to Donate a Life Insurance Policy
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Contact your insurance providerRequest a change of ownership/beneficiary form
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Designate Fertilis TerraeName "Fertilis Terrae Inc." as both owner and irrevocable beneficiary
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Submit the formComplete and return to your insurance provider
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Send us a copyProvide a copy to our office for records
Our Legal Information:
Fertilis Terrae Inc.PO Box 339
Ladysmith, VA 22501
Tax ID: 82-1870182
Tax Benefits
Paid-up Policy
You may receive a charitable deduction approximately equal to the replacement value or the cost basis of the policy, whichever is less.
Policy with Premiums
You may receive a deduction approximately equal to the cash surrender value. Continued premium payments may be tax-deductible.
For more information about other ways to give, please see our pages on assets you can use, bank accounts & securities, bequests & wills, charitable trusts, donating via pledge, donation by mail, and retirement plans.