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

Yes you can - 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). If you want a Joint policy with variable sums insured, then please let ClickLife know when you're called to discuss your needs and requirements.

Perhaps a better option?

If you are considering any Joint life insurance policy then we recommend you also cost up the alternative of having a separate policy for each person. Why? Because with a Joint policy, if there is a claim the policy will automatically terminate. The survivor is then left with no insurance cover and at an older age when it is more expensive to obtain insurance. It may even be impossible to get insurance due to deteriorating health.

Frequently Asked Questions related to the above topic.
Click below if you wish to read them: -

• You have a Repayment Mortgage. What sort of Life Insurance do you need?
• What is Life Insurance?
• Is there any investment value in your policy?
• You have a Repayment Mortgage. What sort of Life Insurance do you need?
• You have an Interest Only Mortgage. What sort of Life Insurance do you need?
• How much should you insure for?
• Should you have a “Guaranteed” or a “Reviewable” policy?
• Should you include Terminal Illness Insurance?
• Should you include Critical Illness Insurance on your policy?
• What is the difference between Critical Illness Insurance and Terminal Illness Insurance?
• Which optional extras are important for Life Insurance?
• If your insurer asks for a higher premium because you are Rated, is it worth applying to another insurance company?
• Do you have to buy your Life Insurance through your mortgage lender or mortgage broker?
• Go to menu of Frequently asked Questions about Life Insurance
• Go to menu of Frequently asked Questions about Mortgage Life Insurance
• Go to menu of Frequently asked General Questions