{"id":90,"date":"2022-02-07T04:00:00","date_gmt":"2022-02-07T10:00:00","guid":{"rendered":"https:\/\/www.focusinsurance.net\/blog\/?p=90"},"modified":"2022-01-31T13:04:54","modified_gmt":"2022-01-31T19:04:54","slug":"what-is-survivorship-life-insurance","status":"publish","type":"post","link":"https:\/\/www.focusinsurance.net\/blog\/what-is-survivorship-life-insurance\/","title":{"rendered":"What Is Survivorship Life Insurance?"},"content":{"rendered":"<p>Survivorship insurance is designed for very specific purposes. It is important to understand all of the details in order to determine if it is right for you. Focus Insurance is here to help you with this decision if you live near the Eureka, MO area.<\/p>\n<p>When it comes to life insurance, there is an abundance of options from which you can choose. Life insurance is not a one-size-fits-all product. You need to choose coverage based on your specific needs. While most people are aware of the differences between whole life and term life, many are not aware of the benefits provided by survivorship life insurance.<\/p>\n<p><strong>How It Works<\/strong><\/p>\n<p>Survivorship insurance is essentially life insurance that covers two people. Both people on the policy must die before any benefits are paid.<\/p>\n<p>If you have survivorship life insurance, no money is paid when you die. Instead, your survivor continues to make the premium payments. Once the survivor dies, then the benefits will be paid to a beneficiary.<\/p>\n<p><strong>Why Invest in Survivorship Life Insurance?<\/strong><\/p>\n<p>Since the policy will only pay once both parties named on the policy have died, there are specific purposes for the use of those benefits. The benefits will provide your beneficiary with a way to pay for estate taxes without having to liquidate any assets. It will provide financial support if you have a child with special needs. You can leave a legacy by donating the proceeds to a charitable organization that is important to you.<\/p>\n<p>These are just the basic details about survivorship life insurance available in Eureka, MO. If you have questions and are interested in learning more about survivorship life insurance, feel free to reach out to the experts at Focus Insurance. Give us a call today.&nbsp;We are here to guide you through the process of choosing the life insurance products that best meet your needs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Survivorship insurance is designed for very specific purposes. It is important to understand all of the details in order to determine if it is right for you. Focus Insurance is here to help you with this decision if you live near the Eureka, MO area. When it comes to life insurance, there is an abundance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7,8],"class_list":["post-90","post","type-post","status-publish","format-standard","hentry","category-life-insurance","tag-eureka-mo","tag-focus-insurance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.focusinsurance.net\/blog\/what-is-survivorship-life-insurance\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.9\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Blog | Focus Insurance |\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"What Is Survivorship Life Insurance? 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