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Yes, but you have to have Insurable Interest in the person, and usually (depending on their age) they have to approve or sign something allowing you to purchase the insurance on them.
Like, I'm divorced but I could have a life insurance policy on my ex-Husband, because I have insurable interest in him if something were to happen, because we have a son together. Usually the insurance company will make them sign something and of course they have to be insurable to insure them and depending on the amount of insurance could have to pass an exam.
Just because you want Life Insurance doesn't always mean you will qualify for it. Yet, another reason to get it when your young and healthy!
Hope That Helps!
Wiki User
∙ 13y ago
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How do you know if someone had a life insurance policy?
If you are not the administrator, executor, or an heir to the will your will not know and frankly it is not anyone elses business about the life insurance or financial matters of the estate.
Can I get someone elses life?
There is a book called 'Someone else's life' by Katie Dale
What is a good way to invest 10000?
You can invest it in life insurance or anything important like that.
A word for someone who saves someone elses life?
A "hero" or a "lifesaver."
Where life insurance companies invest their life fund?
Life insurance companies invest their life fund in Government fund, shares in First Class companies of repute,as per advice of their Fund Investment Advisors.
What is the best way to invest for your future?
Life insurance and annuities.
Is it right to say It's dangerous for your health?
Yes, at the right times in your life or someone elses life.
What does cigarette smoke ruin?
basically everything. your house your clothes your LIFE and even someone elses
Why was derrick rose so famous give you five sentences?
he made a change in someone elses life
How do you find out if someone had life insurance after they die?
how do i find out if tom rowntree had life insurance
Do you need a life insurance policy if Im healthy?
Is is always a good idea to invest in a life insurance policy whether a person in healthy or not. Life insurance policies don't just cover age and disease but also loss of life caused by accidents.
What is it called when someone buys life insurance on someone else?
On whose life, policy is purchased, he/she is called 'Life Assured', whereas the former is called the 'Proposer' in a life insurance policy.
