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Life Assurance policy pays out the amount of Life Cover as a tax-free lump sum, whether you die on the first day of the life policy or the last.
Options
Single Life Policy Covers one person only. Joint Life Policy Covers two people with the benefit being paid on the first to die only. Dual Life Policy Covers two persons independently. A claim will not affect cover on the other person. You can cover each person for different amounts
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