One policy covering two lives. Protect your partner and save money with joint life insurance.
Important
This is a comparison website. We do not provide financial advice or recommend specific policies.
Joint life insurance from £12/month
Let's start with the basics to find you the best term life insurance coverage.
💡 Tip: Most people choose 20-30 year terms to cover their mortgage and children's dependency years.
One policy, two lives protected
Joint life insurance covers two people under a single policy. There are two main types:
Pays out when the first person dies, then the policy ends.
Pays out only when both people have died.
Most couples choose first death policies as they provide immediate protection for the surviving partner.
Why couples choose joint policies
Often cheaper than buying two separate policies, especially for couples of similar age.
One policy, one premium, one renewal date. Easier to manage than separate policies.
Provides immediate financial protection for the surviving partner when they need it most.
Understanding your options
Lower Cost
Usually cheaper than two separate policies
Simple Management
One policy to manage and maintain
Single Payout
Policy ends after first death
Two Payouts
Each policy pays out independently
Continued Coverage
Survivor keeps their policy
Higher Cost
More expensive overall
Perfect for these situations
Joint life insurance is ideal for married couples who want to ensure their partner is financially protected. It's particularly useful for paying off joint debts like mortgages.
Business partners often use joint life insurance to protect their business interests. The payout can help buy out the deceased partner's share.
Couples with a joint mortgage can use joint life insurance to ensure the surviving partner can pay off the mortgage and keep the home.
If you're looking to save money while still getting protection, joint life insurance offers good value, especially if you're both young and healthy.
Things to think about before choosing joint life insurance
If you separate or divorce, you'll need to decide what happens to the joint policy. You may be able to split it into two separate policies, but this could be more expensive.