A bigger impact that is cost‑effective
Canada Life My Par Gift There are lots of ways to donate to a registered charity*, but did you know that one of the most cost‑effective approaches might be life insurance? Using Canada Life My Par Gift™, donors may be able to make a bigger impact at a smaller cost. My Par Gift is a first-of-its-kind, innovative participating life insurance product for donors and designed for charitable giving. It’s a simple product with a single payment for clients who wish to make a bigger impact through life insurance.
Be part of something great!
The donor makes a one-time premium payment.
The charity issues a donation tax receipt.
Charity is the owner and beneficiary.1 The donation is immediately enhanced.2
The charity has guaranteed access to cash value. Policy values may grow.
The charity gets the payout when the donor dies.3
Visit canadalife.com @CanadaLifeCo * A registered charity is an organization that is registered
as a charity with the Canada Revenue Agency. 1 The donor is the insured person. 2 In unique cases, the initial insurance amount may be smaller than the one‑time premium payment. 3 It is important to note that any withdrawals or unpaid loans will decrease the size of the charity’s payout.
Canada Life and design and Canada Life My Par Gift are trademarks of The Canada Life Assurance Company. 99‑877322 04/23
Talk to a Canada Life insurance sales partner today.
