Actors in a play on stage Actors in a play on stage Actors in a play on stage Actors in a play on stage Actors in a play on stage

Gift of Life Insurance

When the original purpose for a life insurance policy no longer applies—such as educating children now grown or providing financial security for a spouse—your policy can become a meaningful way to support our work. There are three ways to give life insurance to the Metropolitan Opera:

Name us a beneficiary of the policy. This gift is as simple as updating your beneficiary designation form with the policy holder. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn't survive you.

Make an outright gift of an existing policy. You can name us as owner and beneficiary of an existing policy. You qualify for a federal income tax charitable deduction when you itemize on your taxes. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift if you itemize.

Make an outright gift of a new policy. You can take out a new policy and irrevocably name the Met as the owner and the beneficiary of the insurance contract. This method may be particularly attractive for the younger donor. Whether you make one single premium payment for the policy or pay annual premiums, each payment is tax deductible as a charitable gift when you itemize on your taxes.

See How It Works

Next Steps

  1. Contact Pamela Bennett at 212-870-7388 or encoresociety@metopera.org for additional information on life insurance.
  2. Seek the advice of your financial or legal advisor.
  3. If you include the Met in your plans, please use our legal name and federal tax ID.

Legal name: Metropolitan Opera Association, Inc.
Address: 30 Lincoln Center, New York, NY 10023
Federal tax ID number: 13-1624087

Personal Estate Planning Kit

Our Top Resource

This comprehensive estate planning kit will help you protect loved ones, organize everything in one place, and save on taxes.

Download My Kit
Actors in a play on stage

How You Can Benefit From Giving Life Insurance

Learn more about this simple gift by downloading your FREE copy of our informative guide Life Insurance: Expand Your Charitable Reach.

View My Guide
Actors in a play on stage
Actors in a play on stage