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West Knoxville Office 865.694.9788
North Knoxville Office 865.246.2958

Second-To-Die Policy in Knoxville TN & Farragut TN

Ensure the Future of Your Estate.

Between physical assets and financial successes, there are many things that married couples share. Knoxville 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 Knoxville 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 Knoxville 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 Locations

Knoxville Office

220 S Peters Rd. #103
Knoxville, TN 37923
Main office: 865-268-8370
Fax: 865-769-3701

North Knoxville Office

4911 Jacksboro Pike
Knoxville, TN 37918
Main office: 865-246-2958
Fax: 865-246-2957

Our Providers

Testimonials

Knoxville Insurance Group has taken care of our policies for several years now. Their personal, caring, and thorough service far exceeds any other company we've used in the past! I highly recommend this group for your insurance needs.

Teri R.
Teri does an amazing job with us! She shops around until she finds us the most affordable policies for home and auto! We have been with her for 4 years now and she has helped us numerous times! We love her and cannot thank her enough for working with the insurance companies on our behalf!

Meagan S.
Greg and the whole team at KIG are super helpful and knowledgeable. I have used them for my insurance needs for years.

Carlye W.
I have been working with Greg and his staff in securing renters insurance for our renters and he has always been responsive and has taken care of every one in a timely manner. I highly recommend him!!

Regina E.
Greg and staff are attentive to the details and work diligently to offer the most competitive rates.

Joel P.
Greg and the Knoxville Insurance Group has been my family's agent for over 30 years. The products and level of service on our home and auto coverage has always been outstanding. KIG is the best in town!

Marty B.
We are new clients, have had great experience so far extremely reasonable rates & very helpful staff on all levels. Very pleased!

Retta M.
We have used several different people and agencies for our insurance needs over the years, but Greg and the Knoxville Insurance Group has by far been our best experience.

Paul G.