Skip Navigation Links IRMI Online > Glossary of Insurance & Risk Management Terms > Terms > J > joint insurance
Warning! You are currently not signed in. Any products you have purchased will not be displayed until you Sign In

joint insurance

Life insurance written covering two or more lives with benefits payable when the first of the covered persons dies. This type of policy is most frequently used for key man insurance to allow a surviving partner to purchase a deceased partner's share of the business.

Navigation

Social Media