Life Insurance

A gift of life insurance is an affordable way to create a significant legacy at UTS. By transferring ownership of an existing or new policy to UTS, you will receive a tax receipt for premiums paid after the date of transfer. You can also name UTS as beneficiary of your policy. The resulting tax credit will reduce estate taxes and increase the after-tax value of your estate for other beneficiaries.

For more information on gifts of life insurance, please contact Martha Drake, Executive Director, Advancement, by email at or by telephone at 416-946-0097.

This information is general in nature and does not constitute legal or financial advice, and should not be relied upon as a substitute for professional advice. We strongly encourage you to seek professional legal, estate planning and/or financial advice before deciding on your course of action.


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