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No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.

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2007-10-23 17:01:18
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Q: Can i buy a life insurance policy on anyone?
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Related questions

Can I buy a life insurance policy on my live in partner?

Anyone can buy a life insurance policy on anyone, but the insurance company may request a medical examination of the person.


Life Insurance Policy?

form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_


Can an illegal alien buy a life insurance policy?

Sure. There's no requirement on a life insurance policy that you are a U.S. citizen.


Can you buy life insurance on anyone?

Not anyone. You have to prove insurable interest on that person and they have to sign that it is alright for you to own life insurance on them.


How do we get ahold of Union Fidelity Life Insurance to buy accidental policy?

accidental insurance


Who can buy life insurance?

Just about anyone with the premium. If you are asking who you can buy it for and be benificiary, contact your agent, some states have laws pertaining to who's life you can insure. There is no stopping anyone from buying life insurance. From children to senior citizens, from those in the pink of health to those with chronic health issues, there is a policy out there to suit everyone. Rather than ask who can buy life insurance, you should ask yourself if you need life insurance. And the answer will always be a resounding yes. Life insurance can help plan for the future and prepare for any untoward tragedy in your family. Life insurance can be used as a replacement of income, to pay for funeral expenses, pay off debts and mortgages and look after your family when you are no more. There is no reason for anyone not to opt for an insurance policy and secure his or her future.


What is best life insurance policy to buy?

nation wide beaz


Can my mother and I both have life insurance policies for me?

Yes, your mother can buy a life insurance policy on you because she has an insurable interest in you. And, you can buy a life insurance policy because everyone has an insurable interest in their own life. However, your mother may need your permission and your signature on the application for life insurance that she purchases with you as the insured person.


What is an annual premium for life insurance?

Single Premium Life Insurance policy is good for those who can pay a lumpsum in a single stroke. Like conventional life insurance policies, this policy too provides a security umbrella to the policy holder until the full policy term. Buy Single Premium Life Insurance Policy : insuringindia ‪#‎SPLPolicy‬ ‪#‎LifeInsurance‬ @insuringindia


How do you close a life insurance gap of 50000?

buy only a term policy


Where in New Jersey can I buy temporary car insurance?

Temporary car insurance is for anyone that needs a policy to cover a car for a short period of time Temporary car insurance is for anyone that needs a policy to cover a car for a short period of time Temporary car insurance is for anyone that needs a policy to cover a car for a short period of time?


Where to buy mortgage life insurance?

You should never buy mortgage life insurance. It is an expensive simplified issue term policy. Just buy a regular term life insurance policy. Find an independent agency and have them run you quotes on whatever amount is your mortgage plus living expenses for your family for 5 or 10 years.

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