Many people have insurance policies that have outlived their original purpose.
For example, some people have old policies to cover the cost of a child's education or to provide financial support to a spouse or child in case of a premature death. If the original need for a policy has been met, consider gifting the policy to the American Heart Association. In doing so, you may find yourself able to make a much more significant gift toward cardiovascular research and education. There are ways that you can give life insurance. Give a paid-up policy.