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Sure you can, but you will need their signatures on the application.
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∙ 14y ago
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Can a child buy life insurance on a parent?
Yes.
What companies offer burial insurance?
Most life insurance companies will offer burial insurance as well. You can find a good sized list of companies at (http://www.burialinsurance.com/Burial-Insurance-Burial-Insurance-Info-Company-Information.html).
Who is honoring National Burial Insurance Company Burial Policies?
Monumental Life Insurance Company bought National Burial Insurance Company. Monumental Life Insurance Company will be honoring the burial insurance policies. (Monumental Life has changed names to Transamerica.)
How can you buy life insurance for a parent?
You can purchase life insurance online for your parent. Anyone can purchase life insurance for their parent, because they have an "Insurable Interest" in their parent. You can compare free life insurance quotes online, or purchase life insurance direct online for a parent. However, your parent may need to sign an application form, and your parent may need to take a physical exam, and/or answer some health questions.
Can you take out life insurance on your parent?
Yes you can purchase life insurance on your parent. In order to buy life insurance on another person there must exist an Insurable Interest in that person. There does exist an insurable interest between siblings, spouses, and parents and children.
What are the benefits of burial life insurance?
There are a few possible benefits of burial life insurance. Some of the advantages include there being no age restrictions as there are on many life insurance policies. The cost is low as it only covers one's burial and funeral costs.
Can you take out a Life insurance policy on a parent?
Yes, you can take out a life insurance policy on a parent. There must exist insurable interest between the owner and insured of a life insurance policy. There does exist insurable interest between spouses, parents and children, and siblings. So, yes, you can buy life insurance on your parent. Your parent may need to sign the application, answer some health questions, or take a medical exam to qualify for life insurance.
Where can I buy a life insurance policy that will pay for my expenses including funeral and burial expenses upon my death so daughter will not have to?
hi every one
What kind of life insurance is burial insurance?
It is usually a simplified issue whole life policy. Burial insurance requires little testing and is issued quickly. The downside to that is paying a higher premium than you would through traditional whole life insurance. You can also take the help of experienced insurance agent who will assist you better in differentiating life insurance and burial insurance. I can suggest you the Rais Insurance as they are serving the services since 1982
Can a step parent exclude a biological parent from medical insurance access?
Can a step parent exclude a biological parent from medical insurance access?
Can an employer make you take health insurance if you already have insurance with your parent?
Some companies get better insurance rates if they require all employees to buy health insurance. IT is cheaper because the insurance company is not covering just the people that need it or use it.
How do you get insurance if a parent who has no license buys your car?
Progressive Insurance can write a policy for you and your parent, but the parent is excluded as a driver because they do not have a license.
