Rev. Jerry Falwell’s Life Insurance Beneficiaries

Rev. Jerry Falwell died in May 2007 leaving life insurance policies worth $34 million payable as follows:

• $29 million to Liberty University, the school that Falwell founded, and
• $5 million to the Thomas Road congregation.

See AP, Falwell’s insurance pays off school debt, Chic. Trib., Aug. 24, 2007.

Special thanks to Raymond Sheffield (San Jose, CA) for bringing this development to my attention.