Accountancy, asked by jatin8331, 1 year ago

what is joint life policy ?


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Answered by dolly813
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Topic :- what is joint life policy...


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A joint life policy (JLP) is an insurance policy in which it is taken out from the partnership firm on the joint leaves of all partners . the amount of policy is payable by the insurance company either on the death or on maturity of policy. which ever is earlier the firm pays annual premium to the insurer against the policy.......


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