As you and your partner cruise out into your golden years, the last thing you want to worry about is estate planning. You’re interested in keeping busy living life to the fullest and enjoying your newfound wealth of post-retirement free time, but you also want to be sure you’ve found the right life insurance policy to help your loved ones after you’ve passed. With traditional life insurance, both you and your partner would need individual coverage. However, a survivorship insurance plan covers two people and isn’t paid out until after both parties have died, meaning a larger inheritance for your heirs and a more affordable premium for you and your spouse. Here’s a handy list of everything you need to know before pursuing a survivorship insurance policy.