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Is it legal to pay someone else's life insurance premiums?

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yes it is hope i helped lexi xx
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Can you cancel term life insurance by not paying the premiums?

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What happens to a life insurance policy if you stop paying premiums at age 70?

  Answer     There are many different types of life policies. You need to call your insurance company to get the specifics of your policy. Some policies will s

What is premium holiday in life insurance?

A "premium holiday" is a provision contained in some whole life insurance policies that permits the cessation of premium payments, usually in the event of economic hardship. P

Can you invest in life insurance on someone else's life?

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

Is it legal to take life insurance out on someone without their knowledge?

It is not possible to take out insurance on a person with their knowledge. The insured must answer all underwriting questions and sign the application as well. The only case w

Can you sign someone else's name legally?

Yes, if you have a 'Power of Attorney.' This is often set up if a person is not available for a specific event, or item. I've drawn these up for people that need to sell a hou

What is graded premium life insurance?

  Graded Premium Life is actually Graded Premium Whole Life Insurance coverage under which the initial premiums are less than normal for the first few years of the policy,

Can I pay someone Else's bill for them?

I don't think you can unless you generously give them the money by hand or a check then I don't think so but I'm not quite sure...

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Can you insure someone else's car?

One may generally insure the property of another if you have an  insurable interest in it. This means that you have a financial  interest in the property that may be harmed

What is indeterminate premium life insurance?

 Answer     Indeterminate premium life insurance is a type of   whole life insurance that specifies two premium rates: a guaranteed maximum, and a lower rate you

What is the premium term life insurance?

Term life insurance is an insurance one would buy if they are looking to insure themselves for a specific term such as 20 years. This is a relatively low cost and basic insura

Is term life insurance a permanent policy for which you pay a specified premium each year?

Term insurance is NOT permanent! As the name suggests, the policy is designed to protect for a specific term or number of years. Rates are fixed for a certain number of year