Can I Buy Life Insurance On Someone Else | TRENDING – SUMMARY |

Yes, you can legally buy life insurance on someone else, but it is not as simple as insuring yourself. To do so, you must meet two fundamental legal requirements: and consent . Core Requirements

: You must prove that you would suffer a legitimate financial loss if the person were to die. This prevents "wagering" on a stranger's life for profit. can i buy life insurance on someone else

: You cannot secretly insure someone. The person being insured must sign the application. Yes, you can legally buy life insurance on