What Does Second To Die Insurance Mean?

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What does Second To Die Insurance mean? Read on to discover the definition & meaning of the term Second To Die Insurance - to help you better understand the language used in insurance policies.

Second To Die Insurance

Second To Die Insurance

Two-person life insurance policy which pays only after both insureds have died. Bought usually by affluent couples for paying the estate taxes.

We hope the you have a better understanding of the meaning of Second To Die Insurance.

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