Legacy of Life Insurance Program

Eligible Policies | Donating a New Policy | Donating an Existing Policy

Eligible policies
To be eligible for the Legacy of Life insurance program, all new and existing life insurance policies must meet the following guidelines:

  1. Life insurance carrier of your choice.
  2. Policy must be a permanent life policy. (Whole life, variable life or universal life policies are examples.)
  3. Policy ownership is vested in the MDRT Foundation. (For face amounts greater than $50,000, the portion above $50,000 may be split with other charitable beneficiaries designated by the donor.)
  4. Commitment to pay premiums to keep policy in force, or if market conditions cause the policy to need additional funds to cover future premium payments.

For additional questions about the Legacy of Life insurance program policy guidelines, please contact the MDRT Foundation at foundation@mdrt.org or (847) 692-6378.