Economy, asked by mitansh5, 6 months ago

8. Define Life Insurance. State Joint Life Policy and Annuity Policy.​

Answers

Answered by legendary10
2

Explanation:

A Joint Life Policy is the insurance cover that you get on a first - death basis.

It is a pay out which an insurer receives in case of death of his other insured partner during the period. ...

In Joint Life Insurance, both you and your partner will be the owner as well as the beneficiary

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