{"id":2056,"date":"2017-09-04T07:48:45","date_gmt":"2017-09-04T07:48:45","guid":{"rendered":"http:\/\/www.newsfin.co.uk\/news\/?p=2056"},"modified":"2017-09-04T07:48:45","modified_gmt":"2017-09-04T07:48:45","slug":"different-types-of-life-insurance","status":"publish","type":"post","link":"https:\/\/teessidefinancial.com\/news\/different-types-of-life-insurance\/","title":{"rendered":"Different types of life insurance"},"content":{"rendered":"<h3>Choosing the right type of cover<\/h3>\n<h5>\u2018Single life\u2019 policies cover just one person. A \u2018joint life\u2019 policy covers two people, and you will need to decide whether the policy pays out on the first or second death, as this will determine when the policy ends.<\/h5>\n<p><!--more--><\/p>\n<p><strong>When choosing between these options, think about:<\/strong><\/p>\n<ul>\n<li>Affordability\u00a0\u2013 a joint life policy is usually more affordable than two separate single policies<\/li>\n<li>Cover needs\u00a0\u2013 do you both have the same life insurance needs, or would separate policies with different levels of cover be more appropriate?<\/li>\n<li>Work benefits\u00a0\u2013 if one of you has work \u2018death in service\u2019 benefit, you might only need one plan<\/li>\n<li>Health\u00a0\u2013 if your joint policy is with someone in poor health, this may increase your monthly payments<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Choosing the right type of cover \u2018Single life\u2019 policies cover just one person. A \u2018joint life\u2019 policy covers two people, and you will need to decide whether the policy pays out on the first or second death, as this will determine when the policy ends.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/posts\/2056"}],"collection":[{"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/comments?post=2056"}],"version-history":[{"count":0,"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/posts\/2056\/revisions"}],"wp:attachment":[{"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/media?parent=2056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/categories?post=2056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teessidefinancial.com\/news\/wp-json\/wp\/v2\/tags?post=2056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}