You can take out a life insurance on your ex-husband as long as your ex-husband agrees to having you take out a life insurance policy on him. He will need to sign the application as the Insured person, even if you are the Owner and Payer of the policy.
Also, there must be a financial reason for you to have life insurance on your ex-husband. E.g. He pays child support or alimony that would be lost if he passed.
Founder, Abrams Insurance Solutions, Inc., San Diego, CA
Yes, you can take out life insurance on your ex-husband if there is an insurable interest and he will sign the application and go through underwriting. Often the court mandates a life insurance policy on an ex, or it is necessary to make sure that the child support and/or alimony get paid if something happens to the ex.
Agent Owner, Gilmore Insurance Services, Marysville, Washington State
Can you take out life insurance on your ex? Yes, there are a couple of ways that you could go about this. The first way is with their consent. The EX spouse would have to agree to be insured and you could be the owner. The second way, which in Divorce situations is probably the most common, is have the court require the ex spouse to carry life insurance for a certain number of years and a certain face amount to ensure future support payments if an early death occurs.
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Also, there must be a financial reason for you to have life insurance on your ex-husband. E.g. He pays child support or alimony that would be lost if he passed.