answersLogoWhite

0


Best Answer

if you sleep with them more than 3 times a week you can.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you take out life insurance on a relative?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is there a way that anyone can legally take out life insurance on you?

I believe it has to be a relative.


How do you find out if your relative has life insurance?

You should sit with them and talk about, and ask them.


Can you take out life insurance on your fathers life?

Yes, you can take out a life insurance policy on your father's life. In order to take out life insurance on someone there needs to exist an "Insurable Interest". One way there exists an insurable interest is if one person relies on another person for financial support. Another would be to be a relative. For example, a husband and wife have insurable interest in each other. Also, siblings, and children and parents have insurable interest in one another.


Can life insurance beneficiaries be changed when someone has alzheimer's?

If a life insurance beneficiary has alyztimers and is in a nursing home, can the power of attorney or nearest living relative receive it?


How do I claim life insurance on an unknown relative?

Not unless your name is mentioned specifically in the grandfathers WILL.


How can you buy life insurance for your brother who can not afford it if he has children who would need this insurance to cover their expenses?

As you are a relative and not his wife, you would not have what they call an 'insurable interest' - such as a wife/husband, mother/father would. The solution would be to have him take out the insurance and you pay the premiums for him. == ==


Do you have to be a relative or wife to open a insurance policy on someone?

In order to take out life insurance on someone, you have to have what is legally known as "insurable interest" in that person. A spouse or dependant has an obvious insurable interest, but there are other cases as well. For example, a business can take out life insurance on a particularly valued employee. This is known as "key man insurance" (apparently key women are not as important) since the death of an employee can cause financial problems for the employer.


When is life insurance a necessity in a persons life?

Life insurance is a necessity if you have loved ones you'd like to ensure the protection and well-being of your family when you die. There are choices to make once you decide to take a life insurance policy such as; will I take term or whole life insurance?


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 do you find out if a dead relative had life insurance if they lived in another state?

Insurance Information Institute totally answers your question. Check it out... http://www.iii.org/individuals/life/help/locatelost/


What happens to your life insurance when you are no longer employed?

If the life insurance was provided by your employer and your employment is terminated, you will lose the life insurance protection. You should look into individual life insurance, which you can take with you if your employment terminates.


How do you find out if your deceased relative had mortgage life insurance?

One way is to check with the lender. Most lenders have affiliations with mortgage life insurance companies to provide this service and in most cases the insurance premium is included in the mortgage payment.