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Can you combine two life insurance policies?

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2015-07-15 18:39:07
2015-07-15 18:39:07

No. If you have two policies from the same company, the agent made more commission than would otherwise on a single policy.

There are however very good reasons to have more than one policy. Policy for the family and another for a business.

The second policy's insurance value can be added to the first by using a rider at the attained age of the insured. The new resulting policy (first policy) mimics the effect of two separate policies.

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