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Learn where your money goes. Download Insurdinary Budgeting App Now! Google Play: https://bit.ly/48d3gOK Apple App Store: https://apple.co/3Sr8z7i Both you and your spouse need insurance, so why not purchase joint life insurance? Here are 10 things you should know before making your decision. Traditionally, life insurance was designed to protect your dependents financially after your death. Usually, these policies covered the main breadwinner in the family. The one who makes the most money in the family is typically covered. This would seem to make sense, but there are other factors to consider. There are consequences no matter which partner dies. Even if one's partner makes less money or no money at all, they may take care of the home or be responsible for caring for the children. Regardless, the family is changed no matter who dies. That's why it's a good idea to consider joint life insurance which considers and covers both partners. Could this type of life insurance be right for you? Let's take a look. 00:33 Making Equal Contributions With Your Joint Life Insurance 01:20 A "First Death" Policy 01:48 A "Second Death" Policy 02:15 Comparing Prices 02:42 Maintaining a Lifestyle 03:13 Protecting Your Heirs 03:41 Business Planning 04:00 Cash Value 04:15 In Case of Divorce 05:12 Joint Policies are Best Suited for Young Families #jointlife #jointlifeinsurance #Coupleslifeinsurance #insurance