In addition,
joint life insurance
coverage can also often have more lenient underwriting — meaning that if one of the applicants has certain health issues, he or she could still be able to
obtain coverage if the other is relatively healthy.
Joint Underwriting Association / JUA: Insurers which join together to provide
coverage for a particular type of risk or size of exposure, when there are difficulties in
obtaining coverage in the regular market, and which share in the profits and losses associated with the program.