785-841-9538

Second-To-Die Policy in Lawrence and Topeka KS

Ensure the Future of Your Estate.

Between physical assets and financial successes, there are many things that married couples share. Stephens Chapin Insurance 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 Stephens Chapin Insurance 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 Stephens Chapin Insurance to determine the right amount coverage for you and your family.
 

Stephens Chapin Insurance

2711 W 6th St, Suite A

Lawrence, KS 66049

Main office: 785-841-9538
Fax: 785-865-0623

Office Hours:

Mon: 8:30 AM - 5:30 PM
Tues: 8:30 AM - 5:30 PM
Wed: 8:30 AM - 5:30 PM
Thurs: 8:30 AM - 5:30 PM
Fri: 8:30 AM - 5:30 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

5 stars! Elizabeth Peters saved me so much $ on my Insurance and corrected errors that my former Insurance agent neglected!
Brenda S.
We have been customers of Stephens for the past 8 years. We have worked with Brandi Ogunnowo and send appreciation for her AMAZING service! Brandi has been friendly, fast and extremely helpful with understanding all of our policies and getting us the information we need. She is also very personable and compassionate when we've chatted with her about our personal lives. We are grateful to call her our Insurance professional and friend. We are very happy with our relationship with Stephens Insurance. Her customers think she is a great professional and person!
Jill and Eric
Bill Woody was able to save me money on my Medicare coverage and find me plan with lower out of pocket copays. Being on a fixed income, it is greatly appreciated that Stephens Insurance is working so hard to help provide seniors with all the Medicare information that we need.
Anna S.
Knowledgeable and professional service. I can always count on my agent to work for me. Stephens Insurance staff worked to help me settle my claim quick and fair. A++ service!
Tammy