Nonprofits collect the policy proceeds (a death benefit) when a policyholder passes away. For example, if John Doe passes away during his 30 year term policy for $100k – Life Legacy’s insurer will pay the nonprofit John Doe selected a $100k death benefit. Life Legacy’s legacy giving policies are among the largest gifts a nonprofit will receive, often 200 to 300 times the size of annual gifts. Legacy Giving policies are vital to nonprofits’ longevity and ability to carry out their mission. Our policies also provide additional income to help sustain and support fundraising results, better-allowing organizations to weather the fluctuations in charitable giving. After all, we’re here to help make the world a better place!