Survivorship

Survivorship life insurance provides permanent coverage on two individuals, typically spouses. The policy pays out after both insureds have passed, making it a cost-effective way to provide estate liquidity, preserve family assets, or enhance legacy and philanthropic planning.

• Couples with estate planning needs – ensuring liquidity to cover taxes or expenses without asset sales
• Families building generational wealth – maximizing the legacy transferred to heirs
• Philanthropic clients – funding charitable gifts and foundations
• Business owners – creating continuity or succession strategies when multiple partners are involved

Advisors often use survivorship coverage to:

• Fund estate tax obligations while protecting illiquid assets
• Equalize inheritances when assets like businesses or real estate can’t be easily divided
• Maximize wealth transfer with leverage from the death benefit
• Support charitable giving strategies
• Customize design using Guaranteed, Current Assumption, Indexed, or Variable chassis depending on client needs

• “Have you considered how your estate will provide liquidity for taxes or expenses?”
• “Would you like to ensure your heirs won’t need to sell family assets to settle obligations?”
• “Are you interested in creating a legacy that supports both your family and charitable causes?”