Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to Mather Hospital, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Mather Hospital 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 Mather Hospital to pay these premiums
  • You can make a substantial gift on the installment plan
  • Mather Hospital receives a gift they can use now or hold for the future

More Information

Contact Us

Nancy Uzo
VP Public Affairs
Tel: (631) 476-2723
Email: nuzo1@northwell.edu

 

Mather Hospital
75 North Country Road
Port Jefferson, NY 11777

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