Joint Life Insurance

A Joint Life Policy is the insurance cover that you get on a first - death basis. It is a pay out which an insurer receives in case of death of his other insured partner during the period. Usually, when you apply for a life insurance policy, you mention a nominee or beneficiary. In Joint Life Insurance, both you and your partner will be the owner as well as the beneficiary. So, in case something happens to one of you, the other will receive the benefit of the life cover.Avail of the twin benefits of savings and insurance cover under a single policy for both you and your spouse. This savings plan offers - Security –by protecting your spouse and yourself in case of an eventuality Reliability –through the premium waiver benefit Flexibility – to include additional rider benefits Simplicity – of covering two individuals under one policy that secure your lives and celebrate your togetherness.