Are you looking for the correct answer to the question “Life insurance based upon two or more lives, with benefits paid only upon the second death, is called.”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
Life insurance based upon two or more lives, with benefits paid only upon the second death, is called.
Options
a. Decreasing Term insurance
b. Survivorship Life
c. Estate Endowment Life
d. Buy-Sell agreement
Answer: B
The above question Life insurance based upon two or more lives, with benefits paid only upon the second death, is called., Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.