What’s the difference between joint and dual life cover?
Niall O'Connor MSc CFPยฎ QFA
Co-Founder
Joint life cover normally pays out once, following the first death of either person, after which the policy ends. Dual life cover provides separate cover for each insured person, so a benefit may be payable on each life if both the insured persons die during the policy term. Premiums and terms vary between insurers, so the more suitable option depends on your circumstances.