Although we’re well into the 21st century, life insurance approaches are still in the last century. Female spousal life insurance is still a
“rider” or “unit” purchase, when it should be a stand-alone policy. Why? Because most households financially depend on two bread winners. Two can live cheaper than one, but the survivor can’t live on their own income. Interestingly enough, survivorship life is based on both lives and can deliver the economic leverage an individual life just can’t generate. Steve and consumer reporter Kassie Rohde discuss the equal
status on spousal insurance and the power of survivorship.
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of Producersweb.com is strictly prohibited.
If you have questions, please visit our terms and conditions
Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More