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Can you take out an insurance policy on your grandson with out his consent?
Wiki User
∙ 15y ago
I can't think of a reason why not. If you want to pay someone to insure something (or someone) they should let you. I suppose it really depends on exactly what the insurance policy is (life insurance, auto insurance, some other general liability insurance). Check with the specific insurance company about the specific type of insurance for an exact answer.
Wiki User
∙ 15y ago
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Can someone take out a life insurance policy on you 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.
Can someone take out a life insurance policy on someone that they do not know?
Typically, the person being insured must consent to the life insurance policy. Without the person's consent or insurable interest, it is not permissible to take out a policy on them. Doing so could be considered fraudulent.
Can you take out a life insurance policy on some one with out them knowing that you did?
No, you can not get life insurance without the insured's consent, unless it's for a minor.
Can a wife take out a life insurance policy on her husband?
yes you can just go to a insurance place and take out insurance policy he will have to be there also,
Can you take out a life insurance policy on any individual you wish to?
no. there are laws for life insurance policy and is illegal to take it out to any individual
How long does it take to cancel your life insurance policy?
I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.
Can you find out if a life insurance police has been taken out on you?
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.
Can you take a loan out of your insurance policy?
yes you can
Can you take out insurance on parents?
You may take out an insurance policy on your parents if you have power of attorney over them.
Can a son take out life insurance policy on his 75 year old mother?
Yes, a son can take out a life insurance policy on his 75-year-old mother with her permission. In most cases, the son would need the mother to consent to the policy and also potentially need to prove insurable interest to the insurance company.
Can i buy a life insurance policy on anyone?
No. You have to have an insurable interest in the person's life in order to take out an insurance policy on their life.
Can i take out a term life insurance policy then quickly sell it?
No, because Term Life insurance policy has NO cash value.
