Transform your unwanted life insurance into your philanthropic ideal.

Do you wish you could donate more to charity? Do you have a life insurance policy you no longer need, want, or can afford? If yes, then the Insuring A Better World Fund, a 501(c)(3) public charity, offers you the ability to donate your unwanted policy and make a large gift to your favorite charity painlessly, without the burden of paying premium or other costs. We are a charity for charities.

Our process makes the donation of life insurance efficient, predictable and easy. We accept any type of life insurance policy, including term, whole life, universal life, survivorship life, group life, etc

Experience the joy of making a difference today.

Make a legacy-sized charitable gift during your lifetime.

Eliminate the burden of premium payments.

Join other philanthropists committed to ensuring a better world for us all.

How can donors benefit?

Economic Value

You are not responsible for premium or costs of the life insurance policy after donation! You may also be entitled to a charitable  tax deduction at the time of your gift.*

*Please note that we are not tax advisors and cannot give tax advice. Please consult with your tax professional for your specific circumstance. 

A Paradigm Shift

Turning a bad outcome, years of paying premium with no death benefits in return, into your philanthropic ideal.

We distribute funds from a large portfolio of policies on a pro rata basis, allowing distributions to a donor’s charity while they are alive. The charity of your choice may recognize your gift immediately upon donation.

Satisfaction of giving

Policy Owners will be able to benefit charities that are important to them and receive the prestige and recognition for their generosity during their lifetime. 

This is your opportunity to make a lasting impact by supporting a charity working on a cause you deeply care about. 

Frequently Asked Questions from Donors

The Insuring A Better World Fund is a charitable program operated by the InterVivos Foundation, a tax exempt, publicly supported charity under Section 501(c)(3) of the Internal Revenue Code. 

Insuring A Better World Fund works with charities, insurance professionals and donors to identify unneeded and unwanted life insurance policies suitable for donation. Insuring A Better World Fund pays all premium and other costs of donated policies for the benefit of the donor’s chosen charities.

Owners donate their unwanted life insurance policy to Insuring A Better World Fund. Insuring A Better World Fund pays all premium and costs and administers all accepted policies. Insuring A Better World Fund then distributes the net death benefits to charities chosen by donors and our Board of Directors.

Insuring A Better World Fund does. Neither you or your chosen charity is responsible for paying any future premium or other costs of donated polices. Donors choose; Insuring A Better World Fund pays; and charities receive the benefits.

In general, any policy owner (i.e., individual, trust or corporation) of a life insurance policy where: (i) the insured is aged 65 years or older; (ii) the policy has a death benefit of $250,000 or greater; and (iii) the policy was purchased more than three years ago. There are exceptions which may expand the eligibility.

All types of life insurance policies, including whole life, term, universal life, survivorship life, group life, etc.

Insuring A Better World Fund’s donation specialists will review your life insurance policy and current health condition to determine whether your policy is eligible.

No. Insuring A Better World Fund utilizes its management’s years of experience and expertise in underwriting and evaluating life insurance policies. We evaluate policies offered for donation to determine whether charities would benefit from the donation. If a policy is appropriate for donation, Insuring A Better World Fund accepts it and pays premium and all other costs.

No physical exam is required. In order to properly value your policy, your health information is necessary to estimate the cost of future premiums. In most donations a simple health questionnaire is all that is needed. An Insuring A Better World Fund donation specialist will help you.

Yes. Donors may be entitled to receive a charitable deduction* based on the full fair-market value of their donated policies as calculated by a qualified, appraiser.

*Please note that we are not tax advisors and cannot give tax advice. Please have your donors consult with their tax professional for their specific circumstance.

Ready to Donate?