Life Insurance

A gift of life insurance can be made in two different ways: by making Kent State a beneficiary of your life insurance policy or by transferring ownership of your policy to Kent State. Making a gift of life insurance is easy and only requires you contact your insurance agency.

If you choose to make Kent State a beneficiary of your policy, you can elect for Kent State to become a partial or full beneficiary. And if your needs change in the future, you can choose to update your beneficiaries.

If you choose to transfer ownership of your policy to Kent State, you will receive a charitable deduction for the transfer depending on whether the status is fully or partially paid or is a new policy.

Please contact us at giftplan@kent.edu or 330-672-1000 to discuss establishing a life estate or with any other questions.