Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to RISD, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. RISD may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to RISD to pay these premiums
  • You can make a substantial gift on the installment plan
  • RISD receives a gift they can use now or hold for the future

More Information

Contact Us

Rebecca Dupras
Senior Planned Giving Officer
401-427-3151
rdupras@risd.edu

Chad Nelson
Senior Planned Giving Officer
401-454-6189
cnelson@risd.edu

 

Rhode Island School of Design
Two College Street
Providence, RI 02903

Contact Institutional Advancement at lcamara@risd.edu or 401 454-6304

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