In order to acquire for insurance coverage on someone else , first you need to have insurable interest. You would have insurable interest in your husband.
Next you need to have their permission, so you husband would need to sign the application as the life insured. You could be the beneficiary and own the policy. You would have total control once he gives permission to be the life insured.
An independent life insurance broker, representing several companies, could help you find the right policy at the right price.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
If you are dependent upon your husbands income or share debt with your husband, he should have life insurance to cover your financial need. There must always be an insurable interest to purchase life insurance on another person. Life insurance always has to be written and underwritten with the insured persons knowledge and permission. I suggest asking friends and family if they know a good independent life insurance broker to professionally shop for your best coverage options. If your husband is not currently insured start today.
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Next you need to have their permission, so you husband would need to sign the application as the life insured. You could be the beneficiary and own the policy. You would have total control once he gives permission to be the life insured.
An independent life insurance broker, representing several companies, could help you find the right policy at the right price.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.