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Survivorship Life Insurance or sometimes referred to as second to die is a life policy that is mostly used as an estate planning tool. The policy insures two lives and when the second person dies and the monies are needed to pay typically estate taxes the monies are there. John Hancock and West Coast Life who offer second to die term life insurance plans. Between choices of a traditional survivorship life insurance or a term survivivoship plan you now have some tremendous options for planning your estate.Life Insurance companies really have become competitive and when it comes to older age underwriting some are real experts. |
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