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Survivorship Life

Survivorship Life Insurance covers two people (usually spouses) under one policy. The death benefit is paid to the beneficiary (beneficiaries) only after the death of the second insured. If you worked hard to build up assets over your and your spouse’s lifetime and you are worried that not all of your wealth will be transferred to your heirs, then Survivorship Life Insurance could be the solution. Planning ahead is the best strategy.

 

Survivorship Life Insurance Features:

  • When your estate is transferred to your heirs, they may suddenly face an estate tax bill; Survivorship Life Insurance would protect your wealth for your heirs from this financial burden by ensuring that funds are readily available for estate taxes and settlement costs
  • To continue providing funding for people who financially depend on you and your spouse
  • To allow you to  contribute to your favorite charitable organization
  • This  type of Policy covers two people at a cost lower than covering two people with two individual policies
  • A proposed insured who may have been denied life insurance coverage for an individual life insurance policy, may be approved for coverage by a survivorship life insurance

 

Not sure if Survivorship Life Insurance is right for you? Complete the “Get a Free Quote” form above or call us at Toll Free number (888) 592-7862 and one of our agents will help you find the right insurance for you and your family.