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Life Insurance Policy Diagram. Description of image is listed below.

How It Works

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

 

Contact Us

Katie DePrimo, MSEd
Executive Director, Lifetime Engagement & Annual Giving
(617) 989-4218
deprimok@wit.edu
Federal Tax ID Number: 04-1958460

Wentworth Institute of Technology
ATTN: Katie DePrimo, MSEd
550 Huntington
Avenue
Boston, MA 02115

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