Life policy on two or more lives under which the sum insured is payable on the last death. They are used in connection with leases granted for the lifetime of two or more people. Policies are usually whole of life or endowment.
The Rantings of the barely human.
Life policy on two or more lives under which the sum insured is payable on the last death. They are used in connection with leases granted for the lifetime of two or more people. Policies are usually whole of life or endowment.