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What type of life policy covers 2 lives and pays the face amount after the first one dies?

October 24, 2023September 26, 2022 by Smirti Bam

What type of life policy covers 2 lives and pays the face amount after the first one dies

What type of life policy covers 2 lives and pays the face amount after the first one dies?

Options:

Group Life
Joint Life Policy
Family Income Policy
Last Survivor

The Correct Answer Is:

Joint Life Policy