You can make The Salvation Army a beneficiary of a life insurance policy.

Depending on how you structure your gift, you can realize significant tax advantages during your life – or benefit your estate. Remember, your life insurance needs can change. Once your children become self-sufficient, your life insurance coverage may no longer be needed for the purpose it was originally purchased.

There are different ways to support The Salvation Army through gifts of life insurance:

Change an existing life insurance policy

If you no longer need to provide financial security for your heirs, you can change the name of the beneficiary to The Governing Council of The Salvation Army in Canada .

After your death, your estate will get a charitable donation receipt for the proceeds of the policy. This can offset income taxes payable on your estate’s final tax return.

If you’d like to receive immediate tax savings on the donation of an existing policy, you can transfer ownership to The Governing Council of The Salvation Army in Canada and make the Army the policy’s beneficiary. A portion of your policy’s value will be taxable as income, but you will receive a tax receipt to help offset taxes payable.

Purchase a new life insurance policy

Depending on how you structure a new policy to benefit the Army, you or your estate could receive tax receipts.

Contact a Salvation Army Gift Advisor to learn more


We strongly encourage you to seek independent advice when executing gifts of securities, property, life insurance, charitable gift annuities, wills, trusts, contracts and other legal agreements.