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Compare joint life insurance
Compare policies from joint life insurers to find combined cover that could be cheaper and easier than buying individual policies.
- Compare deals from trusted insurers
- Get a free, no-obligation quote in under five minutes
- Choose several types of life insurance to give your family financial protection
Compare life insurance quotes from over eight UK Life Insurance companies
You'll only find results from genuine companies. Our data experts check each company before we add them to our comparisons.
How to get a joint life insurance quote
1
Compare our best Life insurance deals
Put in your details to compare policies, then choose the deal from our results table that best suits your lifestyle and the needs of you or your family.
2
Fill in an application form from your chosen provider
Fill out the quote form with your chosen life insurance provider. This will include things like your personal information, any existing health conditions and your medical history.
3
Adjust for the level of cover you need
Tell your provider how much cover you will need. The cheapest policy will not always be the best, so start by adding in or removing any optional extras you think are important.
4
Wait for your results to see if you're accepted
Your life insurance will start after the application is accepted, or select an alternative provider to compare quotes if rejected.
What is joint life insurance?
Joint life insurance is a policy that covers two people rather than one. You choose how long the policy lasts, but it only pays out once during the term.
How does joint life insurance work?
A joint life insurance policy can pay out when either policyholder dies. Note that it only pays out for one death, not both.
If you want a payout for both people, apply for individual life insurance policies instead.
What types of joint cover can I get?
Joint life insurance cover is available in the following forms:
Whole-of-life: the most expensive type of life insurance policy, but will pay out whenever the first person dies with no term limits
Level term: offers a payout with a fixed sum, but only pays out if one of the policyholders dies during the term of the policy
Decreasing term: usually the cheapest type of life insurance policy, as the payout reduces each month until the end of the term. This is commonly used alongside mortgages
Choosing the right payout
Depending on the insurer, you may have two options as to when your payout can be claimed:
First death: pays out when the first person dies, as long as it’s during the term of the policy
Second death: pays out if both policyholders die during the policy's term. This type is usually cheaper than first death as the chance of claiming is lower
Are joint life insurance policies worth it?
Joint life insurance could save you money compared to buying two separate policies, but it offers only a single payout.
If you choose to get two individual policies instead, when one person passes away the other may receive a payout and also maintains their own cover.
Individual policies may be cheaper, particularly if one person has health issues. Get quotes for joint policies that suit your needs, then compare the cost of the cheapest policy with the cost of two individual policies.
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Read MoreWhy compare Life insurance with money.co.uk?
By comparing life insurance, you could save money on the policy. The best value life insurance will offer the cover to you and your family. Choose a life cover plan from one of the best UK life insurance companies and see the online discounts they offer.
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Last updated: 7 May 2022