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Old Mutual Wealth: Protection Cover Continuation

Protection news for Financial Advisers and Paraplanners

15 Mar 2019

Old Mutual Wealth: Protection Cover Continuation

If you take out a joint life policy that pays out when the first person becomes ill or dies, the policy will end when you receive the pay-out. This will leave the second person covered by the policy without any cover for the future. But does the pay-out mean they are financially secure for life?

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