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Second-To-Die Policy in Chillicothe OH & Circleville OH

Ensure the Future of Your Estate.

Between physical assets and financial successes, there are many things that married couples share. First American Insurance Agency 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 First American Insurance Agency 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 First American Insurance Agency 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

First American Insurance Agency

45 West 4th St
Chillicothe, OH 45601
Main office: 740-224-5682
Fax: 740-851-4068

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

We are new customers and so far we are extremely pleased! Jen not only saved us hundreds of dollars on our home and auto insurance but she also got us better coverage and gave excellent customer service! Everyone at the agency has been extremely kind, helpful, and knowledgeable. I feel much more informed about our policies due to the great and detailed explanations given by Jen and Rob. Thank you all! I will be sure to spread the word
- Tiffany Steiner
Five stars
- Shannon N Brown
Five stars
- Scott Roush
Five stars
- DustnJen Clark
Five stars
- Sarah Johnson
Five stars
- Terra Morris
Five stars
- Patti Landrum
Five stars
- Brent Hoops