Term Life Insurance
Quotes Online
Instant Quotes
Term Life Insurance
About Term Life Insurance
Difference in Term Life and Whole Life
Term Life Insurance for Smokers
Term life insurance for Seniors
More about no medical exam
Information on Decreasing
About Joint term Life Insurance
All about Group term Life Insurance
Term Life Insurance Questions
How much should term life insurance?
What factors affect the cost of insurance?
Finding affordable term life insurance
Do I need a medical exam?
Popular Issuers
AARP Term Life Insurance
John Hancock Term Life Insurance
Top Companies
AIG Am. Mayflower
Banner Chase
Empire General Fidelity & Guaranty
First Colony Genworth
ING Jefferson-Pilot
Liberty Lincoln Benefit
Lincoln National North American
Protective Security Mutual
Transamerica Union Central
U.S. Financial West Coast
William Penn    
Joint term life insurance allows you and your spouse the opportunity to be in a program that covers both of you under one plan. It's the most affordable type of group term life insurance because you are both covered under the same plan and you only pay one premium. Since the program covers both you and your spouse, Joint term life is an economical way to provide the protection your family needs. This is a simple and inexpensive form of a protection policy that pays out the predetermined lump sum in the policy if the policyholder dies. Term coverage is usually available on either a single or joint basis. Some joint life insurance plans also have additional benefits such as paying out as a diagnosis of a terminal illness is made during the policy. If the policyholder stops paying premiums at any time, the coverage lapses and has no value.


Joint term life insurance insures two people at the same time, but the policy’s benefit is only paid out once, when the first of the two joint policy holders dies, to the surviving partner. The most popular use of joint term life insurance is for mortgage protection. A joint life insurance policy ensures that upon one of your deaths, the surviving spouse will be able to maintain the mortgage and pay off other related debts. Joint life insurance can be used to pay for expenses like childcare. A 10 or 20-year policy are the most common term lengths for joint term life insurance coverage. Retired couples also benefit from a joint term life insurance plan. If you’re retired and are considering joint term life insurance, you can choose between a single-life plan or a last-to-die annuity.
Copyright © 2008 Term-LifeInsurance.biz . All Rights Reserved PARTNERS | PRIVACY | CONTACT US