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"Second-to-Die" Life Insurance

If you're looking for an estate-planning strategy, this type of permanent life insurance may be appropriate for you. It can also be helpful for those looking to pass along their business to successors. A second-to-die policy insures your life and one other, and the death benefits are paid after the second death.

RiverSource Succession ProtectorSM

Issued by RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York

This innovative new survivorship universal life insurance policy is specifically designed to help meet your estate and legacy planning needs. Benefits include:

  • Permanent protection on two lives
  • Affordable lifetime guarantees for long-term stability and security
  • Tax efficient ways to transfer wealth

View product brochure for New York and non-New York residents PDF document

Product may not be available in every state.

All guarantees are provided by the financial strength and continued claims-paying ability of RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York.

This brochure applies to policy #134581 and in New York policy #138581.

RiverSource Succession Protector EstateSM Series

Issued by RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York

Designed for those who have higher coverage needs, RiverSource Succession Protector-Estate Series (ES) has features similar to Succession Protector, but offers coverage amounts of $2 million or more.

It also includes a Charitable Giving Benefit, in approved states, that can help you provide a sizable donation to an accredited charity of your choice at no additional cost to you or your heirs. The designated charity receives 1% of the total death benefit proceeds, up to a maximum of $100,000. For example, if you purchased and held a $2 million policy until the time of your death, your beneficiaries would receive the full $2 million (assuming you had taken no loans from your policy). An additional $20,000 would be donated in your name to the charitable organization you selected, enabling you to address your personal and philanthropic goals at the same time.

View product brochure for New York and non-New York residents PDF document

Product may not be available in every state.

All guarantees are provided by the financial strength and continued claims-paying ability of RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York.

This brochure applies to policy #134581 and in New York policy #138581.

RiverSource® Succession Select Variable Life Insurance

Issued by RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York

Succession Select is a "second-to-die" life insurance policy that insures two lives and pays benefits upon the second death — which may help you save on premium expenses. It is highly flexible because it includes options for a range of estate planning strategies. You can:

  • Change the amount of insurance at any time. Please note that to increase your death benefit, you need to provide evidence of insurability.
  • Work with a flexible premium payment option (lump sum or other)
  • Choose from more than 50 variable investment options that offer tax-deferred growth potential
  • Create an income stream for retirement, via policy loans or withdrawals, that can offer tax benefits
  • Help provide estate liquidity for your heirs
  • Help fund the succession planning of a business

Check our Unit Values for these products.

Permanent Life Insurance

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You should consider the investment objectives, risks, charges and expenses of the variable product carefully before investing. For a free copy of the prospectus, which contains this and other information about variable life insurance, call (800) 437-4332. Read the prospectus carefully before you invest.

Variable products are subject to market risk, including the potential loss of principal invested.

Variable life insurance is a complex vehicle. Before you invest, be sure to ask your financial professional about the variable life insurance policy's features, benefits, risk and fees, and whether the variable life insurance is appropriate for you, based upon your financial situation and objectives.

RiverSource Distributors, Inc. (Distributor), Member FINRA. Insurance and annuity products are issued by RiverSource Life Insurance Company and in New York, by RiverSource Life Insurance Co. of New York, Albany, New York. These companies are affiliated with Ameriprise Financial Services, Inc. Only RiverSource Life Insurance Co. of New York is authorized to sell insurance and annuities in New York.