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survivorship second to die

What is Survivorship Life Insurance? Survivorship life insurance DEFINITION: also known as a Second to Die policy, survivorship life insurance a joint permanent life insurance policy that pays out upon the death of all insured parties. Typically this type of joint insurance is on a husband and wife, and the policy death benefit is paid […] Read more

A simple google search reveals reams of digital content about what is known as “second to die” or “survivorship“ life insurance. Articles usually strive to define this type of life insurance in some way, and yet this can be accomplished in one sentence. Simply put, second to die or survivorship life insurance differs from all […] Read more