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Second-To-Die Policy in Geneva IL & St.Charles IL

Ensure the Future of Your Estate.

Between physical assets and financial successes, there are many things that married couples share. Dukane Financial Services 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 Dukane Financial Services 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 Dukane Financial Services 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 Locations

Dukane Financial Services

825 W. State St. #119B
Geneva, Il 60134
Main office: 630-208-0228
Fax: 630-225-5243

Dukane Financial Services - Bloomingdale

135 S. Bloomingdale Rd.
Bloomingdale, IL 60108
Main office: 630-894-0800
Fax: 630-894-4150

Our Providers

Testimonials

You did a terrific job. You were there when we needed you. Thanks Walter

Walter B.