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Second-To-Die Policy in Queens and New York, New York

Ensure the Future of Your Estate

Between physical assets and financial successes, there are many things that married couples share. JFA Insurance Brokerage & Associates Inc. 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 JFA Insurance Brokerage & Associates Inc. 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 JFA Insurance Brokerage & Associates Inc. to determine the right amount coverage for you and your family.
 

Our Location

JFA Insurance Brokerage & Associates

2531 Francis Lewis Blvd
Bayside, NY 11358
Main office: 718-767-4040

Our Providers

JFA Insurance has been our broker for over 20 years. They have provided us with exceptional service and competitive pricing. Three thumbs way up! Max Klimavicius Sardi's Restaurant
Max Klimavicius CEO Sardis Restaurant
Francine Salomon and the JFA Insurance team give you a high level of service along with expert knowledge . They are a pleasure to work with ! Lisa Marcus CEO Symphony Fabrics Inc.
Lisa Marcus CEO Symphony Fabrics
would like the say that this is one of the best insurance company experiences that I have had since expanding. The company always has a hands on approach with their clients which is very important in my industry and the customer service has been excellent!!!! Robert 'Don Pooh' Cummins, CEO of DPMG
Robert Cummins
My decision to have JFA handle all our insurance needs was one that will continue to bring me benefits long into my future career opportunities. The Staff is both professional and personal. Without them I would have drowned in unnecessary claims and fees. Doris Richards, Controller of Golden Corral Franchises
Doris Richards