Can I Get A Life Insurance Policy On My Brother?

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    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    You can get a life insurance policy on your brother if you have an “insurable interest.”  This could include being his custodian, being his business partner, being responsible for his debts, and other scenarios.  It would be challenging to think of an instance when you would be denied the privilege of insuring your brother.  Of course, your brother has to cooperate.
    Answered on March 17, 2014
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