A married couple owns a permanent policy which covers both of their lives and pays the death benefit only upon the death of the first insured. Which policy is that

A married couple owns a permanent policy which covers both of their lives and pays the death benefit only upon the death of the first insured. Which policy is that


A) Joint Life Policy

B) Survivorship Life Policy

C) Second-to-Die

D) Family Income Policy



Answer: Joint Life Policy

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