Have You "Insured" Our Parish

A life insurance gift is a powerful and simple way to provide future support for our parish. You can update your beneficiary designation or make an outright gift of an existing policy. 

Here are the two ways:

1. Name our parish as a beneficiary of the policy. Simply update your beneficiary designation form with your policy holder and list the primary or contingent beneficiary as: “St. Joseph Catholic Church, The Catholic Bishop of Chicago, a Corporation Sole”.

2. Make an outright gift of an existing policy. You can irrevocably name our parish as owner and beneficiary of a policy with accumulated cash value that you and your family no longer need. You qualify for a federal income tax charitable deduction when you itemize on your taxes. Also, if you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift, if you itemize.

For more information on making a gift of life insurance to our parish, we recommend you consult with your financial planner, attorney or insurance representative.