Survivorship universal life insurance Sunday, June 18, 2006
A flexible premium universal life insurance policy that insures two individuals (usually a married couple) and pays a death benefit on the second death when estate and other taxes are due. The policy ownership can be designed so that the heirs pay no income, gift, or estate taxes on the proceeds. The proceeds can then be used to offset estate settlement costs.
posted by your Insurance @ 9:44 AM,
