freephone 0800 862 0949
Sign in to view your quotes
Email address:
Password or PIN:

Forgotten your password? Reset it here.
please wait ...

Joint Life Insurance

What is joint life insurance?

Joint life insurance is designed to cover two people under one policy, so that both partners are insured together. A joint life insurance policy will generally cover two lives on a ‘first death’ basis. This means that the insurer will pay out upon the death of the first person to help their partner remain financially secure. Once the money has been paid out, the joint life insurance policy will end.

It is easy to compare joint life insurance quotes online with ActiveQuote to find the right policy at the right price- our comparison engine will search the market so you can get the best joint life insurance to fit your needs and your budget.

Who can be covered?

Joint life assurance is usually taken out by couples, but joint life insurance policies can cover any pair of people as long as they have a shared financial interest. For example, joint life cover is often bought by:

  • Married couples
  • Civil partners
  • Room mates
  • Live-in partners

Examples of a shared financial interest include a mortgage or dependent children. If one insured person chooses to stop paying the premiums, the joint life insurance policy will end and premiums will not be refunded.

How much joint life cover do we need?

Choosing the right level of cover is an important part of buying joint life insurance, because the more money you want paid out the more expensive the plan is likely to be. Consider the total cost of your mortgage, personal loan and credit card debt, as well as the cost of any living expenses like school fees or money for a funeral. If in doubt of how much joint life cover you need, speak to one of our FCA authorised specialists to discuss your options.

What types of joint life insurance policies are there?

When you compare joint life cover, you will find that there are two main types of plan: level-term joint life insurance and decreasing-term plans.

Level-term joint life insurance policies

Level-term joint life cover will protect you and your partner until a specific date in the future, or for a set number of years. If one of you dies within this time period, your joint life insurance policy will pay out a lump sum of money to the person left behind. If neither of you die within the time period, the joint life cover will not pay out and you will not receive any money back again. With a level-term policy, the amount of money paid out remains the same throughout.

Decreasing-term joint life assurance quotes

Decreasing-term life insurance will also cover you and your partner until a specific date, and if one of you dies in this period of time the policy will pay out. But unlike level-term cover, the amount of money paid out decreases over time, usually in line with a repayment mortgage.

Critical illness cover

When investing in a joint life insurance quotes, you will be able to add critical illness insurance to the policy. This way, your insurer will pay out either on the first death or on diagnosis of a critical illness. For more information, take a look at our guide on critical illness cover.

Single vs. joint life insurance policies

The alternative to a joint life insurance policy is buying two single life insurance policies to cover both people individually. There are advantages and disadvantages to both options:

Joint life cover

  • Joint life insurance policies are often cheaper than two single plans
  • Joint life cover is ideal for couples who want cover just to pay off their mortgage
  • But once the policy has paid out, the remaining person will be left without cover

Single life insurance

  • If you are your partner have different financial needs, two separate policies could be better for you
  • Whilst two policies can be more expensive, you are guaranteed two pay-outs instead of just one
  • Two single policies are easier to separate in the case of a break-up or divorce

ActiveQuote offers both single life insurance and joint life insurance quotes, to help you decide which suits you best.

Compare joint life insurance quotes

If you are looking to compare joint life insurance quotes, ActiveQuote can help. There are a number of benefits to using our comparison system, including:

  • Quotes from best joint life insurance companies
  • Compare joint life insurance quotes online
  • Buy a policy for instant cover

ActiveQuote is also an FCA registered broker, so one of our life insurance specialists will always be on hand to explain the joint life insurance policies in more detail.

Joint Life Insurance Policy- Compare Joint Life Insurance Quotes | Life Insurance | ActiveQuoteCompare best joint life insurance quotes from leading UK insurers to get cover for two people under one policy, including Legal & General, Zurich and Aviva.    tweet it on twittershare with your friends on Facebookshare with your friends on MySpaceBlog it on your LinkedIn profile

A 'Top 3' life insurance broker as rated by customers

A great service from the initial call, to finalising the agreement. I would highly recommend to my family and friends.

Review centre member

Proactive, efficient, and offered me insurance I need. I would say half price I would end up paying if I did it by myself. Many thanks.

Review centre member

Excellent service. Explained everything in detail and really helped to find the right insurance best suited to my needs - which wasn't necessarily the most expensive. 

Review centre member

Good value and the advisor was very helpful and recommended the best policy for my grandson. I would definitely use this service again and recommend to others.

Review centre member

We were contacted in good time to make a knowledgable choice. We were given plenty of options with lots of information to enable us to make the right choice.

Review centre member

The service I received was excellent, the staff member was very efficient and knowledgable. She went out of her way to get the best policy for me.

Review centre member

Great service. I really appreciated the help provided by Active Quote to arrange health insurance. The agent was very informative and proactive. Many thanks!

Review centre member

I received excellent care and attention from the first phone call till the last. Friendly, efficient and patient.

Review centre member

Staff are very helpful, friendly and polite. They call back when they say they will and keep you up to date with progress. Pleasure to deal with.

Review centre member

Very polite and friendly, and gave detailed explanations of all aspects of the cover. Reassuring to know that if you do have a problem there is someone you can contact.

Review centre member

Sign up to special offers

Sign-up for our FREE email newsletter to receive the latest offers tailored to your needs:

This site is operated by Insurance Broker ActiveQuote Ltd registered in England & Wales company number 6765845.
Authorised and Regulated by the Financial Conduct Authority (FCA). Firm reference number 501109 as detailed on the Financial Services Register. Please read our Key Facts document.
For information about your rights as a consumer visit Citizens Advice.

Our insurance comparison service is free and easy for you to use, but you are responsible for making sure all your information is entered correctly, and for choosing your insurer.

This site uses cookies in order to work correctly - these are not harmful and do not contain personal information. By using this site you consent to this. I understand  Tell me more