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Life Insurer Launches Charitable Trust

Partners Life have created a life insurance product alongside Perpetual Trust which allows customers to make regular donations to a charity or cause of their choice through their premiums and also pays out to that charity after death.

Kirsten Taylor, philanthropy manager at Perpetual Trust says “This is achieved by contributing a small monthly premium over time rather than setting aside a large sum of money to satisfy your desire to leave a legacy,” she explained. “This partnership makes sure that your last wishes are respected - that the donation you gifted gets to where you intended for it to go, in the amount you specified.”

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