Gift of Insurance

Insurance

RMHF

A gift of your life insurance policy is an excellent way to make a gift to St. Joseph Hospital Foundation and Redwood Memorial Hospital Foundation.

If your life insurance policy is no longer needed or will no longer benefit your survivors consider making a gift and help further our mission.

Make a Gift of Life Insurance Today

Did you know that you can give your life insurance policy to St. Joseph Hospital Foundation and Redwood Memorial Hospital Foundation today and receive a charitable income tax deduction? You can then make deductible contributions to St. Joseph Hospital Foundation and Redwood Memorial Hospital Foundation each year which we may use to pay the premiums. We benefit from the proceeds of your policy.

Designate Us as Beneficiary of Your Policy

You can also designate St. Joseph Hospital Foundation and Redwood Memorial Hospital Foundation as the beneficiary of your life insurance policy. You will continue to own and can make use of the policy during your lifetime. The policy will be included in your taxable estate when you pass away, but your estate will benefit from an estate tax charitable deduction for the value of the gift to us.