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Yes, you can obtain as much life insurance as you wish from as many companies as you wish. Given that insurance companies don't always stay around, splitting it up between different companies makes good sense.

AnswerYes, you can have as many life insurance policies from as many life insurance companies that you want. Each company you are insured with would have to honor their contract and provide death benefits to your family in case of your death, provided your premiums are paid.

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You can purchase multiple policies but when it is underwritten, the additional life insurance company will underwrite the new policy with adding up the benefits of the other policies and perform health exams based on those totals and not just of the individual policy.

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Q: Can I have two different life insurance from two different companies?
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Related questions

Can two people hold two life insurance poicies on the same person with different companies?

YES, you can have multiple insurance policies, from different companies or even from the same company. Each company has it's own rules of how much life insurance someone can get. You can get quotes from multiple companies and have life insurance policies issued simultaneously from different companies. You should work with an insurance agent that has access to multiple insurance companies and can advise you what requirements each company has, and the limits they are willing to issue for life insurance.


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There are two types of insurance companies: life insurance companies and casualty and property insurance companies.


Can you have two life insurance policies with two different companies?

Yes. Just list them, if asked on the application.


Where do I purchase family life insurance?

Yes, many different companies offer family life insurance that can be purchased online. Gerberlife and Metlife are two of the options that you can check out.


Can you have two different cars insured by two different insurance companies?

Yes


What two companies joined together to create Birla Sun Life Insurance?

The two companies that had joined together in order to form and create Birla Sun Life Insurance was the company Birla Inc, and then Sun Life Insurance.


Is travelers insurance and farmers insurance related?

No, they are two completely different companies with different managment and different ownership.


Which companies specialise in the selling of life insurance?

New York Life and MetLife are two companies that specialize in the selling of life insurance. Prudential, AAA, Geico, and AARP also sell life insurance policies.


How do you get long term life insurance?

There are several companies that offer long-term life insurance. In most cases, unless you are receiving it through a job, you have to apply. Applying online is simple and you can receive several different quotes. Metlife and AARP are two long term life insurance companies to help get you started.


Can you have a car in double insurance coverage?

If you are covered by two different insurance companies at the same time.


What insurance company took over the home life insurance company of America?

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What is the best way to obtain life insurance for senior people?

There are many companies that provide life insurance for seniors. Colonial Penn and AARP are to well known ways to obtain life insurance. I would start with these two companies.