Can I Take Out A Life Insurance Policy On A Stranger?
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63333 POINTSview profilePeggy MaceMost of the U.S.You cannot take out a life insurance policy on a stranger unless maybe they owed you money that would be paid back to you by the life insurance policy if they died. But then, they would not be a stranger, unless the loan was done through a third party. The logical answer is, no.Answered on July 16, 2013flag this answer
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