Loans
Personal Loans Student Loan Refinance Auto Refinance Mortgages Mortgage Refinance
Credit CardsSavingsCredit Score
Learn
Learn

>

Glossary

>

J

Glossary

We've organized the most common financial terms and explained them in simple, friendly ways.

#ABCDEFGHIJKLMNOPQRSTUVWXYZ

Joint Life Insurance

A type of life insurance plan that allows spouses to be covered under one combined policy. Joint life insurance can pay out to the survivor after the first spouse dies, or after both, in which case the death benefit is paid to heirs/other listed beneficiaries or placed in a trust.