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Thread View: braunschweig.newfiles
1 messages
1 total messages Started by knowledgefield Sun, 17 Jun 2007 12:12
Second to Die Life Insurance Policies
#86
Author: knowledgefield
Date: Sun, 17 Jun 2007 12:12
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A second-to-die life insurance policy, or survivorship life as it's sometimes called, insures two lives - a husband and wife usually or business partners. However, the death benefit isn't paid out until the second insured person dies.
 Usually, the death benefit from a second-to-die life insurance policy is intended to go to the children , a charity or pay taxes owed after both spouses pass away.
 In the U.S. there is a marital deduction permit...

Read full article at http://www.knowledgefield.com/articles/second-to-die-life-insurance-policies.shtml
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