When is a joint life term insurance policy that covers a couple is useful? Find out
zeebiz.com
When is a joint life term insurance policy that covers a couple is useful? Find out
The primary feature is that they provide you with an option to extend your term insurance plan to your spouse, irrespective of the fact whether he/she is employed. Typically, it is the wife who is the non-working spouse. Under this option, the spouse is eligible for 50% of the sum assured of the primary life insured, that is, if the husband has ...
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