Which Type Of Life Policy Contains A Monthly Mortality. The type of policy that m has purchased is What type of life policy covers 2 lives and pays the face amount after the first one dies?
If death occurs from a cause other than. October 1, 2020 by brantley whitley. You pay the same amount each month or year, but your death benefit grows smaller.
What type of life policy covers two people and pays upon the death of the last insured? October 1, 2020 by brantley whitley. Variable universal life is comprised of monthly mortality charges and self directed investment choices. A policy that promises to pay the face amount on the death of first of 2 lives covered by the policy is called a joint life policy.