Life insurance is a relatively straightforward way to make a planned gift, because you name the church as beneficiary or owner of your life insurance. You and your insurance agent or financial advisor should first talk with the Rector, however. There are some circumstances under which the church would not wish to become owner of a policy.

Are there are other considerations?

Yes, the church will need to decide whether to cash in the policy when it is received or to have the donor continue to make premium payments to increase the policy value.