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2 Oct, 2017

What is the difference between a joint and dual life policy?

Although the difference in price between choosing a joint life policy and a dual life policy can be quite minimal, the difference in benefits received by claimants are significant.

A joint life policy offers only one pay out in the event of a death to the surviving claimant. However, a dual life policy will provide separate pay outs upon the death of each claimant.

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