Skip to navigation
Skip to content

Life Insurance Gift Supports Work of U.Va. Gerontologist

In life, David Carley was a force of nature, always working for positive change. Before his passing in May 2009 from liver cancer, the real estate developer and businessman made arrangements to continue his good works through a bequest. A portion of the proceeds from a fully paid life insurance policy, purchased for him by Alliant Energy while he served on the public utility's board of directors, will further the work of Dr. Mark E. Williams in the University of Virginia’s Department of General Medicine. more >

Life Insurance Brochure

Planned Gift Information Form

Life Insurance

Giving a life insurance policy you no longer need, or funding a new policy to support the University of Virginia, is an excellent way to make a substantial gift.

Three Ways to Give Life Insurance

Designate the University of Virginia as a beneficiary of your life insurance policy; or
Give the University a fully paid life insurance policy that you no longer need; or
Purchase a new policy and name the University of Virginia as the owner and beneficiary. You will then be asked to contribute the equivalent of the annual premium payment to the University. This premium contribution is tax deductible and is used by the University to pay the insurance premium.

The University of Virginia does not provide legal, tax or financial advice. We strongly recommend that you consult professional advisors on all legal, tax or financial matters, including gift planning considerations. To ensure compliance with certain IRS requirements, we disclose to you that this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding tax-related penalties.