What does it mean to stack life insurance policies? And should you do it? Here’s what you need to know.

In recent years, more and more people are stacking life insurance policies.



For those that don’t know, stacking life insurance policies means purchasing more than one policy from different providers.

It’s worth noting that this is completely legal – there are no laws against this. However, why might you want to stack life insurance policies?

Well, this blog post will explain everything you need to know. So, let’s get to it!

Why might you want to stack life insurance policies?

If your financial circumstances change, for example, if your current policy no longer fulfills your full requirements, then you may consider stacking life insurance policies for additional coverage.

Contrary to popular belief, stacking life insurance policies is more common than you’d think. 

To illustrate an example, you may have one life insurance policy that would cover the mortgage of your house, another for the needs of your family should you pass, and a final one for other expenses.


Sure, it may seem complicated having multiple life insurance policies, but for some, it’s the best way to approach things.

We recommend choosing one life insurance policy

Usually, we would recommend not stacking policies and instead choosing one provider.

Sticking with one provider, such as the team at Professional Plans, typically results in better coverage options.

But this isn’t always the case. You may find your provider is unable to provide maximum coverage. And if this applies to you, then stacking life insurance policies may not be the worst idea.

You may struggle to acquire multiple policies

It should be noted that if you have multiple life insurance policies, then it may be difficult to acquire additional policies (as you already have these stacked). This can discourage some insurance providers from insuring you – just something to be aware of.

For help choosing a life insurance policy with excellent coverage, contact the team at Professional insurance Plans today.