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Can you buy life insurance for more than amount determined by insurance company calculators?

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Wiki User
2015-07-15 18:22:16
2015-07-15 18:22:16

Broad answer,Yes.

Yes, you can choose to purchase more life insurance than indicated by the life insurance calculator. The insurance company will let you know whether they accept your request or not when you apply for the policy, if they feel you would be over-insured.

There is nothing stopping you from buying a policy for a greater amount than the one specified by the company calculator. However, your final eligibility for the same will only be known when and if the insurance company accepts this request.

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