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Canada Life My Par Gift
from FORUM Magazine - May 2023
by Advocis
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
Policy values may grow.
The charity has guaranteed access to cash value.
The charity gets the payout when the donor dies.3