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Why in the world would anyone want to pay that much money for an insurance policy if they did not know the person? Life insurance is expensive.

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βˆ™ 2008-05-14 16:02:03
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Q: Can someone take out a life insurance policy on someone that they do not know?
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Related questions

How do you know if someone had a life insurance policy?

If you are not the administrator, executor, or an heir to the will your will not know and frankly it is not anyone elses business about the life insurance or financial matters of the estate.


How do you know if someone has a life insurance on you?

If you know the name of the insurance company, contact them. If you don't, there's no way of knowing. Generally, you would have had to sign the application so presumably you would already know if someone had taken out a life insurance policy on you.


What is it called when someone buys life insurance on someone else?

On whose life, policy is purchased, he/she is called 'Life Assured', whereas the former is called the 'Proposer' in a life insurance policy.


Can you find out if someone has a life insurance policy out on you?

No one is allowed to have a life insurance policy on you without your knowledge. You would have to sign off on the policy before they could get it.


How do you find lost life insurance?

If you believe someone has a life insurance policy but you cannot find the actual policy or who the coverage is with you can get help through The Center for Life Insurance Disputes.


How do you tell if someone has put life insurance on you?

Unless someone faked your signatures and did not need a medical exam it is highly unlikely that you would not know if someone can take out a Life Insurance policy on you. There must be an insurable interest when a life insurance is taken out and the insured must know unless that person is a minor and the parents took it out.


How do i find out the name of the life insurance company so you can cash in your policy?

If you believe that you are a beneficiary of someone's life insurance policy, but don't know which insurance company - go to court and request to see the probate file of the deceased's estate. It should be listed there.


What is the procedure for adding someone as beneficiary to a life insurance policy?

If its your policy, Just call your agent======== If not, Then NO!


How do you know if someone has a life insurance policy?

Ask the person if they have one. Generally, that information is private and not public information. There is no public database for private insurance policies.


Can you collect life insurance on someone declared incompetenet?

Probably not unless the insurance company decides to allow it or it was a provision in the life insurance policy. Normally, people are not able to collect on their life insurance policy until the insured dies.


It is not important to have a life insurance policy.?

It is not important to have a life insurance policy.


How do you find out if someone had a life insurance policy before they die?

You must ask them.Contact The Center for Life Insurance Disputes. You can do a lost policy search through their website.

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