Following concerns expressed in recent years by some insurance industry regulators regarding the use of life insurance as a charitable giving vehicle, it was recommended that interested parties establish best practices to ensure appropriate processes and measures are followed when making use of insurance products for charitable donation purposes.
With the input of recognized experts in strategic philanthropy, financial planning and from the insurance industry (listed below), CAGP has created a series of user-friendly information resources intended to provide straightforward guidance and direction to fundraisers, professional advisors, donors, and insurers when creating and facilitating charitable donations using life insurance. As you make use of these products, we welcome your comments and feedback.
CAGP hopes these resources will ensure that charities and donors can continue to benefit from the opportunities life insurance presents for larger more impactful charitable gifts.
CAGP has created
In addition to these in-depth guides, there are three supplemental documents which will be helpful to you.
To access all these valuable resources, click here.
CAGP convened a panel of experts CAGP who provided their knowledge, experience and advice in the development of these guidelines.
The Canadian Association of Gift Planners is the only organization in Canada that brings together charitable representatives with donor advisors in one professional association. Among our fundraising, legal and financial peers, we are looked to as the experts in strategic charitable gift planning.
