06/04/2026
Survivorship life insurance can be an effective, economical way to insure the lives of two (or more) people whose relationship is one that can create tax consequences or other needs at the last death.
The Process:
• Survivorship policies may be written as whole life, term, universal life or variable life insurance.
• Premiums are lower than for two individual policies.
• Statistically, both insureds are unlikely to die within a short period of time, and payment of premiums must continue after the first death.
• Underwriting may be more lenient, since an insured in marginal health may be approved for a survivorship policy when there is a healthy spouse or other coinsured.
To learn more or go through some options for your family or business please reach out!
Securities offered through LPL Financial, Member FINRA/SIPC. Advisory services offered through Atlas Private Wealth Advisors, a Registered Investment Advisor. Atlas Private Wealth Advisor and Champion Financial TEAM are separate entities from LPL Financial.
