However, in the case of joint insurance policies, the terms and conditions for both spouses are the same. (policybazaar.com)
Typically this type of joint insurance is on a husband and wife, and the policy death benefit is paid only after both die. (insuranceandestates.com)
The initial cost and premiums paid for joint insurance policies tend to be cheaper than the premiums for two separate individual policies. (policybazaar.com)