The Joint Life Insurance is a Policy which covers two individuals together protecting business partners & married couple. It is similar to Endowment plans which provides maturity benefits to the policyholders, apart from covering the risks.

Features
1. The sum assured is payable on the death of the Insured and again on the death of the survivor during the term of the policy.
2. After the death of the survivor vested bonuses will also be paid to the Family
3. If one or both the individuals survive till the maturity date, the sum assured as well as the bonuses are paid on the maturity date.
4. The family need not to pay the premium on the first death or on the expiry of the selected term, whichever is earlier.

Following are the Joint Life Plans by Insurance Companies
- Jeevan Sathi Plan by LIC
- Headstart Future Protect Joint Life Plan by Kotak Life Insurance
- Term Assurance Plan by HDFC Standard Life Insurance