Charitable Giving Benefit

Have you considered how you might further support your church or other charitable organization you care about?

FaithLife Financial can help you leave a special gift to the church or charitable organization of your choice - helping ensure that their important work continues and grows.

Read our Bright Hope for Tomorrow  brochure.

At no added cost to you, FaithLife Financial will make a donation to your church or favourite charity upon your death. The donation matches 2% of the basic coverage of your permanent life insurance policy, up to a maximum of $5000.

This benefit is not intended to replace your current planned giving, but is an additional means for you to support the church or charity that has meaning for you. It is also a meaningful way in which FaithLife Financial can help you live your values and build a better world.

What policies are eligible?

Any of the following FaithLife Financial permanent life policies issued after July 1st, 2005, are eligible - Whole Life, Life Paid-Up at 65, Universal Life, and Term 100.

Who can take advantage of this benefit?

This benefit is available only to the owners of permanent life policies issued after July 1st, 2005.

How do I apply?

Simply complete and return to us the Application for Designation of Charitable Giving Benefit form (PDF) included in your policy documents or contact your FaithLife Financial Representative.

What organizations are eligible?

The church or organization must have a registered charity status to be designated. The owner of the policy is responsible for ensuring they have valid status.

How do I update or change the information?

The owner of the policy is responsible for updating information on their designate for such things as address or name changes to ensure a payment can be made at time of death. The owner of the policy can change the church or charitable organization at any time by completing a new Charitable Designation form. These forms are available from a FaithLife Financial Representative or by contacting our head office.

* FaithLife Financial's benefits, grants and programs are not contractual. They are subject to change and maximum funding limits.