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Second-To-Die Policy in Altoona PA & Hollidaysburg PA

Ensure the Future of Your Estate.

Between physical assets and financial successes, there are many things that married couples share. H. Dean Allison Insurance 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 H. Dean Allison Insurance 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 H. Dean Allison Insurance 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

H. Dean Allison Insurance

H. Dean Allison Insurance

218 Logan Blvd
Altoona, PA 16602
Main office: 814-264-3789
Fax: 814-943-0957

Office Hours:

Mon: 8:00 AM - 4:30 PM
Tues: 8:00 AM - 4:30 PM
Wed: 8:00 AM - 4:30 PM
Thurs: 8:00 AM - 4:30 PM
Fri: 8:00 AM - 12:30 PM
Sat: Closed
Sun: Closed

Our Providers

Testimonials

"We had been with a company for over 30 yrs and when we met Andrew Myers he wanted to know if we were interested in changing insurances. We were skeptical at first but we had him draw up papers. Make a long story short we switched. My kids also switched. We were shocked at the savings. It was easy, quick, and Andrew's team did all the work. Thanks Andrew, for all the help!"
- Janis Rubine
“I thought I had the most affordable and comprehensive insurance option out there. Wrong! Andrew Myers and his team at H. Dean Allison Insurance Agency not only beat all other competitors, they went out of their way to walk through details of my coverage as one friend to another. All this was accomplished during times that fit into my schedule. Top notch!”
- Scott Sanker
“H.Dean Allison Insurance Agency was able to save us a good amount by switching. We also had not thought about it before. It's definitely worth having them take a look at your info to see what they can do for you.”
- Jonny Hasson
"I will be honest, insurance confuses me. It is one thing that flies over my head. I am proud and glad to say I do business with a group of professionals that sincerely care about my well being. I had the same insurance for years, but now with a simple switch, I have saved hundreds of dollars. Not only did I switch, but my entire immediate family met with the group and made a switch, saving them money as well. Trust me, you won't be disappointed working with these fine individuals."
- Jared Pufka