Insurance written on two or more persons, with benefits usually payable only at the first death.
Insurance written on two or more persons, with benefits usually payable only at the first death.
A group policy provision which will pay the life benefit when (1) the insured is totally and continuously disabled at the time the policyholder stops paying premium, until the insured’s death; and (2) if the insured dies within one year of the date the premium payments stopped, or prior to age 65.