Following concerns expressed in recent years by some insurance industry regulators regarding the use of life insurance as a charitable giving vehicle, it was recommended that interested parties establish best practices to ensure appropriate processes and measures are followed when making use of insurance products for charitable donation purposes.

With the input of recognized experts in strategic philanthropy, financial planning and from the insurance industry (listed below), the Canadian Association of Gift Planners (CAGP) has created a series of user-friendly information resources intended to provide straightforward guidance and direction to fundraisers, professional advisors, donors, and insurers when creating and facilitating charitable donations using life insurance. These resources will ensure that charities and donors can continue to benefit from the opportunities life insurance presents for larger more impactful charitable gifts

Click here to access all the resources. CAGP will also host a related free webinar on June 9, 2021, at 1pm ET. Click here to sign up for the webinar.