A form of insurance which pays a death benefit only upon the death of the last surviving insured person. Often used by a married couple in estate planning. also called dual life insurance or second-to-die insurance.
Related information about survivorship insurance:
- Survivorship Life Insurance - The Life Insurer
Survivorship insurance can be a “discounted dollars” strategy. What that means is that one can use this policy to pay pennies on the dollar now in order to have ...
- Survivorship Life Insurance - AXA Equitable
Survivorship insurance may be a good strategy in cases where one member of a couple is in less than good health, making other types of insurance extremely ...
- What is survivorship insurance? definition and meaning
Definition of survivorship insurance: A form of insurance which pays a death benefit only upon the death of the last surviving insured person. Often used by a ...
- Survivorship Life Insurance: Its Heir Care | Bankrate.com
Sep 7, 2012 ... To avoid this sad scenario, estate planners turn to an obscure life insurance instrument called survivorship insurance, or second-to-die ...
- FREE Insurance Quote
Basically, survivorship insurance is a joint life insurance policy that only pays the death benefit when the second person dies. It's complicated because you're ...
- Survivorship insurance | Marketplace.org
Mar 9, 2012 ... In what circumstances does it make sense for a couple to buy "second to die" life insurance? Ann, Waukesha, WI.
- Survivorship Life Insurance Brokerage Firm: SurvivorshipLife.com
Brokerage firm that shops and sells second-to-die and survivorship life policies.
- Survivorship Insurance Advisors Philadelphia, King of Prussia
Costly estate taxes can become a burden for surviving family members. Survivorship insurance, also called second-to-die insurance, acts as a buffer against ...