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 Glossary   >   F   >   "First death insurance" Definition   

        First death insurance

A joint-life insurance policy which pays money to a surviving partner on the first partner"s death.

First death insurance


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First death insurance - A joint-life insurance policy which pays money to a surviving partner on the first partner"s death.


First death insurance : a joint-life insurance policy which pays money to a surviving partner on the first partner"s death.