Can I have different levels of cover on a joint life policy?    

 

Yes you can have different levels of cover - but it may be better to buy separate policies.

Variable levels of cover are available on Joint Life policies (i.e. each party has their own sum insured).

We recommend you also cost up the alternative of having a separate policy for each person, because if you have a 'Joint Life First Death Policy' then the policy will automatically terminate once a claim is made. The survivor is therefore left with no insurance cover and at an older age when it is more difficult to obtain insurance.

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