Life Insurance

We are grateful to those who choose to work with Chabad of Plano/Collin County, ensuring Jewish continuity. The multiplier effect of life insurance is an outstanding strategy to deliver a legacy gift to Chabad. 

How Life Insurance works:

• You may contribute a new or existing policy by transferring the policy to Chabad of Plano/Collin County.
• You name Chabad of Plano/Collin County as the owner and beneficiary of the policy.
• There are substantial benefits to both you and our center.
• Your premium payments will provide you with an income tax deduction.
• The gift to our center will be substantially larger than the amount used to fund the insurance policy.
• The insurance policy proceeds pass directly to Chabad outside of your estate and are not subject to probate administration or estate taxation.
• Gifts of life insurance are extremely affordable for younger donors.
• This is a wonderful opportunity for young leaders to make a defining statement about the Jewish future.

Always speak with a professional before making any decisions. For more information please contact our office.