Joint policyholder but only 1 life insured?

HP_Source

Old_Lifer said:

There is always an insurable interest with husband  and wife.     Each has an unlimited unsurable interest in the life of the other..

Of course there is but the point I was making is that in underwriting the proposal it's not for me to delve into why the IFA is writing the policy in a particular way. BTW many of the cases I am thinking of were not husband and wife but were part of business arrangements.

We really have strayed a long way from the OP's query so perhaps we should bring this slightly esoteric exchange to an end.