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Second-To-Die Policy

Ensure the Future of Your Estate

Between physical assets and financial successes, there are many things that married couples share. Kinneman 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 Kinneman Insurance gives your beneficiaries the means to pay off your estate taxes without having to liquidate the personal assets you have worked hard to attain. And because the policy insures more than one person, you will 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 is important to discuss your options with an insurance specialist from Kinneman Insurance to determine the right amount coverage for you and your family.
 

Our Locations

McLean Office

1301 Vincent PL
McLean, VA 22101
Main office: 703-356-8155

Alexandria Office

50 S Pickett St No. 20-A
Alexandria, VA 22304
Main office: 703-823-8800

Our Providers

Testimonials

Insurance is the pillar of small business operations, and without it businesses cannot operate. Kinneman Insurance performed an administrative miracle when our event management company was suddenly faced with an unanticipated, time sensitive requirement to obtain an additional specialized insurance policy. Gin Kinneman and her associate Chris Burton, responded to our request for assistance with a sense of urgency and thoroughness, reviewing all available options. The outcome of their efforts culminated in having the additional coverage in place prior to the event deadline. Their professionalism, expertise, and comprehensive knowledge of the insurance industry resulted in a high degree of customer service – and quite literally, we could not have done it without them!

Business in Alexandria, VA
My family has worked with Virginia Kinneman and her team for over half a century. Where else would I turn when I opened up my own business in 1993, and to seek all my business insurance products from my trusted advisers? I enthusiastically recommend the Kinneman Agency to one and all, and you will find out how important personal service will be to your successful business, and to the protection of your home and automobile.

Business in Washington, D.C.
I have ALL of my insurance with Nationwide through Kinneman Insurance, and I have been consistently impressed with their thorough preparation and professionalism. Their knowledge of products is outstanding, and I can always count of quick responses to any of my questions or concerns. The fact that they have two offices located conveniently in Northern Virginia means that I have easy access for face-to-face interactions with the highly trained staff if necessary. Kinneman Insurance's motto is "Dedicated to Excellence," and they model that in person and over the phone. I am an exceptionally satisfied client!

Business in Annandale, VA