What type of life insurance policy covers two or more persons and pays the face amount upon the death of the first insured?

Insurance

Are you having trouble answering the question “What type of life insurance policy covers two or more persons and pays the face amount upon the death of the first insured?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

What type of life insurance policy covers two or more persons and pays the face amount upon the death of the first insured?

A. Joint and survivorship

B. Survivorship life

C. Universal life

D. Joint life

Answer: D. Joint life

You should now have gotten the answer to your question “What type of life insurance policy covers two or more persons and pays the face amount upon the death of the first insured?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.