Second to Die Policy

A type of Life insurance on two people (usually married) that provides benefits to the heir only after the surviving spouse dies. This differs from regular life insurance from surviving partner doesn’t receive any benefits their spouse dies. Thus, second to die insurance uses for Estate planning as well.

I could be designed to pay estate taxes or support any surviving children. It is also called as “Dual Life insurance” or “Survivorship Insurance.”

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I have used NRI Life Insurance for my personal needs and have never been disappointed with the value and the quality of advice and services offered.

Rajiv Sharma
Seattle, WA

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