Can You Carry Life Insurance On An Ex Spouse?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    You can carry life insurance on an ex-spouse if there are financial reasons to do so. I.e. if the death of your ex-spouse would cause financial hardship to you or your children. If this "insurable interest" exists and if you do not currently own such a policy, your ex-spouse will need to consent to your getting the policy. It may be easiest to get a No Exam life insurance policy, where the only requirements are to sign the application and possibly do a phone interview. Sometimes the court system can help by ordering that your ex-spouse consent to your taking out a policy on him/her.
    Answered on June 17, 2013
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>