A plan for single life has the support of industry heavyweights

There are those in the industry who automatically default to a joint life plan for a couple, a stance supported by many compliance departments and networks.

Their simplistic reasoning is that a joint life plan is cheaper and therefore should be used to protect a joint mortgage.

This viewpoint falters when considered against the tenets of Consumer Duty and the application of logic.

Now, this is not me preaching, nor me sitting on my high horse and telling every adviser how to do their job. The disadvantages of automatically going down the joint life policy route are manifest when scrutinised objectively.