Second to die life insurance (a.k.a. survivor life insurance) is similar to a first to die life policy as it covers two or more lives under one policy, however this type of policy would only pay out after the second (or last) person dies. A couple of the most common reasons to purchase this type of policy is if you wish to leave an inheritance to surviving children after the death of both parents and/or in order to pay estate taxes.
If you would like more information or would like a quote, please call our office at (952)445-5767.
