What does Joint Life Insurance mean? Read on to discover the definition & meaning of the term Joint Life Insurance - to help you better understand the language used in insurance policies.
Joint Life Insurance
The term 'joint life insurance' usually refers to a policy for a couple or two people, who in the purchase of the policy are intimately involved, usually in the legal context of marriage. On the other hand, a joint life insurance can also be enjoyed by two business partners.
We hope the you have a better understanding of the meaning of Joint Life Insurance.