Gift in Your Will

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Life Insurance


Make your planned gift through a

Life Insurance Policy.

It’s a simple and easy way to give.

Life insurance policies are creative ways to donate, assisting the Janeway Children’s Hospital Foundation to build on its long term financial strength without diminishing your own.  365 days a year, 24 hours a day, your gifts help to provide excellence in health care to each and every department within the Janeway Children’s Health & Rehabilitation Centre.


Here are ways in which you can make a significant gift through life insurance policies.

  • Donate a fully paid policy that you no longer need.  Make the Janeway Foundation the owner and beneficiary of this policy.  You, in turn, will receive an immediate tax receipt for the cash surrender value of the policy.
  • Donate an existing policy that you are currently paying premiums on.  Transfer the ownership of this policy to the Janeway Foundation.  You will receive tax receipts for the current cash surrender value and all future premiums that you pay.
  • Purchase a new policy naming the Janeway Foundation as owner and beneficiary.  You will receive tax receipts on all future premiums that you pay.
  • Retain ownership of your policy and name the Janeway Foundation as the direct beneficiary.  At the time of your passing your estate will receive a tax receipt for the value of the policy.

Not only will you receive tax benefits, either present or deferred, your gift of a life insurance policy is not subject to probate fees; it is not a matter of public record and life insurance policies cannot be contested as is the case of gifts in wills.

If you are considering a gift of Life Insurance to the Janeway Foundation, we encourage you to explore the various donation options with your financial and legal advisors, ensuring that your future gift is as tax effective as possible and takes your family needs into consideration.

To make or discuss a gift of Life Insurance please contact Ruth Squires, Manager Telethon & Gift Planning, Janeway Foundation @ 709-777-4382 (B); 709-743-0095 (Cell) or ruth.squires@easternhealth.ca