Gifts of life Insurance FAQs



What is a gift of life insurance?

Grandfather with grandchildrenA gift of life insurance means that you are naming CNIB as the beneficiary of your insurance policy when you eventually pass away. Many people find this to be an affordable giving option that allows them to make a huge impact on CNIB in the future, with only a minimal investment during life.   

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How can I make a gift of life insurance to CNIB? 

You’ll need to set up your gift through your lawyer. But we can make the process as simple as possible by helping you prepare to talk to your lawyer, providing the information you’ll need and answering any questions you may have in advance. We can also help you find a lawyer in your area if you don’t already have one. 

Call us toll-free at 1-800-563-2642 or email legacyservices@cnib.ca​ and we’ll be happy to help. 

Please note: It’s important to remember that you’ll need to use our full legal name when making a gift of life insurance. Please use “The Canadian National Institute for the Blind” on all legal documents.  

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How much will I pay in premiums?

The amount of money you pay in premiums will depend on several factors, including your age, payment schedule and whether you’re male or female. We can give you more information about premium amounts when you give us a call. 

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For more information, please call Ruth D'Souza at 1-800-563-2642 (ext. 7006) or email legacyservices@cnib.ca​

Disclaimer:

The above information is not intended as legal or financial planning advice. When considering any planned gift, you should always consult your legal advisor, banker, financial planner or your family members.

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