Need Help? Contact Us Now!

Call 1.877.227.4484

Live Chat
GET STARTED NOW
Life Settlement
Educational Information
Welcome Funds has compiled every term, phrase & definition related to life settlements. Have more questions? Call us toll-free at 1-877-227-4484 or complete our Quick Online Qualifier to determine your eligibility.

REQUEST A FREE GUIDE

By submitting this form, you are consenting to
receive marketing emails from Welcome Funds

DEFINITION OF JOINT SURVIVOR LIFE INSURANCE

This is a life insurance policy type that insures two insureds under one policy. There are two forms of joint survivor policies, one is called first-to-die and the other is called second-to-die. The first-to-die pays out a death benefit following the death of the first insured, while the second-to-die pays out after the death of the second insured.

BACK TO GLOSSARY