1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    You can usually get life insurance on a relative, but even with relatives, some insurable interest must exist. E.g. Nephew Mark cannot take out a policy on Great-Aunt Mary unless Mary has been living with Mark, if Mark has been contributing to her, if Mary loaned Mark some money, or some other reason that monetary award is justified. 

    If a close relative and a smaller amount of coverage, just the family tie can make the life insurance allowable.
    Answered on July 20, 2013
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