Who Can Get Life Insurance On You?

  1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    No one can get life insurance on you without your knowledge or signature on the life application. You also have to prove "insurable interest" between the two parties: policy insured and the policy beneficiaries. In addition, you would also need to determine the amount of coverage though financial documentation.  
    Answered on August 17, 2013
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  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Only someone who has contacted you and asked for your consent in writing (by you signing the application) can get life insurance on you. And they must have a financial reason for doing so. E.g. You owe them money that would be paid back in the event of your death; you help support them with your paycheck and the policy would replace that income for a time.
    Answered on December 10, 2014
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