Yes, as long as you would be economically deprived "insurable interest" if they were to pass away. For more information see www.SteveShorr,com/life.htm and click on the link for Confidential Life Insurance
NO. Even on the site that's advertising here it points out that the company that will do this only does so if there is a contract between the two parties. And it does not cover blood relatives or spouses. So no, not for your parent. Not for a current spouse.
Yes, with your parent's knowledge and consent.
No, you can not get life insurance without the insured's consent, unless it's for a minor.
They can if it is bought while you are a minor, otherwise it is insurance fraud and is illegal without your consent.
Yes, someone can take out a life insurance policy on you without your prior consent. An example would be a business which has a defined financial exposure resulting from the unexpected death of an essential employee.
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.
Not a life insurance policy....The insured party would be considered the policy owner therefore it could not be issued without their knowledge & consent.
The only way that you can take out life insurance without someone knowledge is if they are a minor and you are the parent. Any other way the person (Insured) must sign the application. These days Insurance companies are even strict on the owner of the Life Insurance for the Insured. There must be an Insurable interest.
Your dad can withdraw the cash value of your life insurance policy if he is the policy owner of your policy. If you have obtained adulthood, you dad cannot withdraw the cash value of your life insurance policy without your consent. If you are minor life assured, your dad as proposer can draw cash value on maturity,provided you will not be adult then.
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.
No, not without that persons consent. Not to mention that person would have to qualify.
Assuming the parent is an adult, most life insurance companies will issue policies on someone as old as age 75-80.
Yes,life insurance can be obtained by any one for anyone.Its kinda sad.
As the person who is being insured, YOU have to sign the forms, and no one can do it for you. There should be proof of the identity of the person signing the form. Legally, no one can take a life insurance policy on you without your consent.
Only if the inured to be is a minor otherwise you would need consent in the form of a signature.
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.
Is the child willing to sign the application and take the physical? I don't see why not.
If such a scenario arises and you have objection to it, bring the matter to the notice of the official concerned of the branch office of the insurance company concerned in writing for their immediate needful action.
To take out life insurance on a parent, you'll need to provide complete background and health information and the parent will have to know they are being insured.
This depends on the legal status of the step parent. If they are a legal guardian then I would say that yes they could. I'm sure there must be much more to this story. If you are a stepparent by marriage, you have no legal authority over the child in regards to obtaining life insurance or any other issues regarding the child's welfare. If you have been appointed legal guardian by the court, you have the right to do whatever is in the best interest of the child depending upon the terms of the guardianship.
If you're looking to protect a child's quality of life should a parent die, look into term life insurance with the term expiring when the child grows up.
No. Auto-Owners is the parent company of Owners Insurance, Southern-Owners Insurance, Property Owners Insurance, Home-Owners Insurance, Auto-Owners Life Insurance. They have no affliation with Utica
You can buy life insurance with no medical exam from many insurance companies. If you're buying a smaller amount (
How can you find out if life insurance has been taken out in your name with or without your knowledge.?
The cast of A Day in the Life Without a Parent - 2007 includes: Cassandra Gaskins