Unfortunately, divorce and separations happen, but what impact will this have on your life insurance policy?
If you and your partner have both taken out single policies, the effects of a divorce will be minimal.
But with 40% of all policies being joint policies, what happens then? Will the cover remain in place or will you need to cancel your policy?
The options available to you will depend on the insurer, as some will include a ‘separation option’ within their policies, but this isn’t offered by all providers.
If you find yourself in a position where you need to secure a new policy, Reassured can help you to compare multiple policies from some of the UK's leading providers.
Keep reading to find out everything you need to know about joint life insurance after divorce…