Saturday 31 March 2012

JOINT LIFE POLICY

Joint life policy
Two or more lives can be covered by a policyThese policies usually cover marriages or couples. The SA is paid on the death of any insured person during or at the end of the term. Some payment plans also provided for the SA. on life and death of a policy which continued to cover the maturity of Second Life. Without payment of additional premium.
In the case of certain joint li8fe
· A joint statement of life is necessary to create a common interest in politics.
· In the case of insurance of the association, writing exam8ined society to determine the nature of the economic interests of each partner.
· Each life will be evaluated separately.
· The Bonds shall bear on the single basic SA.

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