Life Insurance Policies - Who Can Take Out A Policy On My Life?

Who can take out a policy on my life?

If someone else wants to take out a life insurance on your life, your agreement and an explanation of the reason for the insurance (such as a business relationship) would be required. Also, parents would be allowed to take out policies on young children.

Use the menu below to view more about Naming Beneficiaries

	Naming Beneficiaries
	Who Can Take Out A Policy On My Life?
	Naming Beneficiary(Ies)
	Changing Beneficiary
	Number Of Beneficiaries
	What Is The Effect Of Social Security Payments On A Beneficiary?
	What Is The Effect On A Beneficiary’s Federal Income Tax Liability?
	Filing A Claim
	My Sister And I Were Listed By My Deceased Father As Beneficiaries. The Insurance Company Paid The Proceeds To My Sister Because She Was Listed First. Is This Right?
	What Is A Contingent Beneficiary, A Revocable Beneficiary, And Irrevocable Beneficiary?
	I Can’t Find My Dad’s Insurance Policy And Don’t Know What Company He Had It With. What Should I Do?
	I Just Discovered That I Was The Sole Beneficiary For A Policy Purchased By A Distant Relative Years Ago. How Do I Find Out If I Have Any Money Coming?