How Do I Get Life Insurance On Someone Else?

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   David RacichPRO

   Fountain Hills, Arizona

   You must first establish insurable interest between you and the insured. You must prove that you would suffer economic loss as the policy beneficiary if the insured were to die. And of course the insured must be aware that you’re placing coverage on them, which requires their signature in several places on the application.
     

   Answered on May 21, 2013

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