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630.343.5824

Second-To-Die Policy in Aurora IL & Chicago IL

Ensure the Future of Your Estate.

Between physical assets and financial successes, there are many things that married couples share. Lenert Insurance Group 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 Lenert Insurance Group 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 Lenert Insurance Group 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 Location

Lenert Insurance Group, Inc.

2430 W.Indian Trail, suite 203
Aurora, IL 60506
Main office: 630-343-5824
Fax: 630-892-6544

Office Hours:

Mon: 9:00 AM - 5:00 PM
Tues: 9:00 AM - 5:00 PM
Wed: 9:00 AM - 5:00 PM
Thurs: 9:00 AM - 5:00 PM
Fri: 9:00 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

Lenert Insurance Group is the best! We've been insured with them for over 20 years. They handle all our insurance needs including auto, home, life, health and business insurance.
- Senator & Mrs. Chris Lauzen
Lenert Insurance Group helped us solve our complicated health insurance needs when no one else could help us.
- James & Gloria Hopkins
We highly recommend Lenert Insurance Group to everyone we know!
- Dr. & Mrs Vijay Shah