Call Us Today:
325.695.0222

Second-To-Die Policy in Abilene and San Angelo, TX

Ensure the Future of Your Estate

Between physical assets and financial successes, there are many things that married couples share. CBS Insurance, LLP 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 CBS Insurance, LLP 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 CBS Insurance, LLP to determine the right amount coverage for you and your family.
 

Our Location

CBS Insurance

3005 South Treadaway
Abilene, TX 79602
Main office: 325-695-0222
Toll free: 800-588-3124
Fax: 325-695-0228

Office Hours:

Mon: 8:30 AM - 5:00 PM
Tues: 8:30 AM - 5:00 PM
Wed: 8:30 AM - 5:00 PM
Thurs: 8:30 AM - 5:00 PM
Fri: 8:30 AM - 5:00 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

CBS Insurance has been our insurance agent for ten plus years. With all the problems and complexities in the oil business, it has been a relief not to worry about whether we have enough insurance coverage or whether we were wasting money on coverage that we did not need. While some businesses have had to close their doors due to increasing insurance costs, CBS has worked hard to keep our costs under control. CBS Insurance has been with us through the good times and the bad times. When we had to have an answer today, we got it today. Their honesty and loyalty shown to us through the years have helped to create not only a good business relationship, but also a great friendship that only comes from someone always being there for you. To be successful, you have to surround yourself with good people. CBS Insurance is in that category and they have contributed to our success over the years. They have been a constant for us in an ever-changing business.
- Mike Evans - VP Sharp Image Energy, Inc. - Big Spring, Texas
CBS has handled our insurance needs for many years. The knowledge of the experienced staff is invaluable. When we call with a question or a request, we are always attended to promptly with a personal reply from someone who knows our needs and our name. We truly appreciate the friendly service we continually receive.
- Bud Darby - WIMSCO, Inc., Nation Wide Products - Abilene, Texas