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Life insurance

Make a big difference without a large cash investment. Take advantage of a flexible way to support McGill.

Here’s how you may benefit from making a gift of life insurance: 

Earn tax credits now

You may be eligible to receive tax receipts for premiums or for the market value of your policy.

Make more impact

Give more than otherwise possible. A gift of life insurance allows you to make a substantial gift without affecting the value of your estate.

Choose your cause

Support the University priority that sparks your interest. You decide if you want to support students, fund critical research or invest in another project.

Explore your options

Surrender an existing policy

Put an old investment to good use. Transfer a life insurance policy that you no longer need to McGill. You’ll get a charitable receipt for its fair market value, and/or tax receipts for all future premiums.

Purchase a new policy

Purchase a policy and name McGill as owner and beneficiary. You’ll receive tax receipts for all premiums, and the University will use the proceeds to support the cause you’ve selected.   

Designate McGill as a beneficiary

Support both McGill and your loved ones. You can designate McGill as one of the beneficiaries on your policy. There is no suggested minimum gift level: every contribution makes a difference.

 

Know the essentials

All gifts of life insurance policies must be reviewed and approved by the McGill Bequests and Planned Gifts Office.

Legal notes

1. Information on this site is of a general nature and not intended to constitute financial or legal advice. Please consult your income tax, financial and/or legal advisors before arranging a planned gift.

2. All requests for information are confidential.

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Build on 200 years of academic excellence and ground-breaking research made by McGill. Make your mark on our third century by supporting students, giving to your faculty or funding an innovative project. Here’s how:

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Make a gift online

Donating online is simple and secure. Just fill in our digital form, specifying which area you wish to support.

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Support world-class education and cutting-edge research made by McGill. Be the generation that shapes the University of tomorrow. Explore planned giving options tailored to your goals, needs and timeline.

More ways to give

Help us build a better world. Find out about the many ways philanthropy can make a difference. Support deserving students, fund vital research and more.