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Joint whole life insurance policies are a great solution for those who want to have life insurance coverage for whoever dies first, with both policies paid out to the survivor at your agreed upon whole life quote. With joint whole life insurance, you are both financially covered no matter who may pass away first and you won't have to worry about what will happen with the money on the second policy if you have no other beneficiaries. As an added bonus, this joint whole life insurance coverage should not cost any more than two separate policies, but this stipulation may vary by company.