3 ways survivorship life can help younger clients
November 13, 2013 by Celeste Moya
Survivorship life insurance, also referred to as second-to-die life insurance, has been primarily used for estate planning needs. With proper design and planning, a survivorship life insurance policy utilized for estate preservation can ensure estate taxes are covered and the estate’s assets are preserved for heirs. For many years, the ideal survivorship life insurance product for this design has been guaranteed survivorship universal life (GSUL), which offers a guaranteed death benefit for a designated duration (e.g., to the younger insured’s age 100). Click here to read…