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When is the face amount paid under a Joint Life and Survivor policy? when policy reaches maturation upon death of the first insured upon death of the last insured when one of the insureds becomes disabled and no longer able to make premium payments

When is the face amount paid under a Joint Life and Survivor policy?
when policy reaches maturation
upon death of the first insured
upon death of the last insured
when one of the insureds becomes disabled and no longer able to make premium payments

 
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