What is the most common name for a single policy that is designed to insure two or more lives with a standard premium, and that pays the death benefit upon the first death?

What is the most common name for a single policy that is designed to insure two or more lives with a standard premium, and that pays the death benefit upon the first death?


A. Survivorship life

B. Joint life

C. Group life

D. Universal life



Answer: B. Joint life

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