Donor Community

Insurance Policies

Making a gift of your life insurance policy is an easy way to help us enhance our student experience, transform our spaces, advance Indigenous achievement, and amplify our impact – without impacting your current financial circumstances.

Insurance Policy Benefits

Tax Deductions

You may be eligible to receive tax receipts for premiums or for the market value of your policy.

Maximum Impact

A gift of life insurance allows you to make a substantial gift without affecting the value of your estate, and give more than might otherwise be possible.

Define Your Legacy

How do you want to be remembered? Where do you want to make a difference? Direct your life insurance policy to an area, program or funding priority that matches your passions or fulfills your vision for the future.

How to plan for your insurance policy

  1. Option 1: Surrender an existing policy
    By transferring ownership of an insurance policy to RRC Polytech today, you’re putting an old investment to new use. You’ll receive a tax receipt to apply to your current year’s tax return. If you are still paying premiums on the policy, you also receive donation receipts for the value of those premiums. Either way, an insurance policy can transition a modest gift today into a significant future contribution.
  2. Option 2: Purchase a new policy
    Purchase a policy and name RRC Polytech as owner and beneficiary. You’ll receive tax receipts for all premiums, and the College will use the proceeds to support the cause you’ve selected.
  3. Option 3: Designate RRC Polytech as a beneficiary
    The most straightforward way for you to give your gift of life insurance is to name RRC Polytech as one of the beneficiaries of policy. Upon your death, the College will receive the value of the policy, and your estate will claim the tax benefits. No gift amount is too small to make a difference.

Questions?

We’re here to help you explore opportunities and maximize the impact of your legacy. Your inquiry will be kept strictly confidential.

Contact Us

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RRC Polytech > Donor Community > Ways to Give > Insurance Policies

RRC Polytech campuses are located on the lands of Anishinaabe, Ininiwak, Anishininew, Dakota, and Dené, and the National Homeland of the Red River Métis.

We recognize and honour Treaty 3 Territory Shoal Lake 40 First Nation, the source of Winnipeg’s clean drinking water. In addition, we acknowledge Treaty Territories which provide us with access to electricity we use in both our personal and professional lives.

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