Life Insurance Policy
How It Works
- You assign all the rights in your insurance policy to Mather Hospital, designate us as irrevocable beneficiary, and then receive an income-tax deduction
- 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
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Contact Us
Matthew Colson
Vice President, Foundation & External Affairs
Tel: (631) 476-2723
Email: mcolson1@northwell.edu
Mather Hospital
75 North Country Road
Port Jefferson, NY 11777
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