Give us a call
703.777.7774

Client Portal

Second-To-Die Policy in Leesburg VA & Ashburn VA

Ensure the Future of Your Estate.

Between physical assets and financial successes, there are many things that married couples share. Independent Insurance Center - Fire Mark knows that couples today can easily accumulate wealth in the millions, which means hefty estate taxes in the event of either spouse’s passing. A Second-to-Die policy, also known as Survivorship Insurance, is a type of joint insurance that covers the lives of two people, usually married couples, where the death benefit is not paid until the death of the second insured person.

Under federal tax law*, you are permitted to leave an unlimited amount of personal assets to the surviving spouse, allowing you to postpone estate taxes until the death of the second spouse. While this lets you keep personal assets, such as home or business, within the family, it also means that your beneficiaries may be faced with paying a large estate tax after your passing.

A Second-to-Die policy from Independent Insurance Center - Fire Mark gives your beneficiaries the means to pay off your estate taxes without having to liquidate the personal assets you’ve worked hard to attain. And because the policy insures more than one person, you’ll also enjoy a lower premium, and the total cost of the insurance will be cheaper than the estate taxes your beneficiaries will be liable to pay.

Due to the specialized nature of Second-to-Die insurance, some limitations may apply. It’s important to discuss your options with an insurance specialist from Independent Insurance Center - Fire Mark to determine the right amount coverage for you and your family.

*Federal income tax laws are complex and subject to change. Neither Nationwide nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions. 

Our Location

Independent Insurance Center - Fire Mark

19465 Deerfield Ave., STE 210
Leesburg, VA 20176
Main office: 703-777-7774
Toll free: 800-320-8316
Fax: 703-777-7156

Our Providers

Testimonials

The best quality care anyone needing insurance of any kind could ask for. I've met most of the staff in this office and cannot express how well treated I’ve been. If you are interested in getting the protection and advice you need you should reach out to Independent Insurance Center. You’ll be grateful you did!

Katie B.