Sunday, July 4, 2010

What is the best life insurance to get for my parents?

I keep getting the gut feeling that I need to get life insurance for my parents.

Is that possible? If so, which company is the best?

Yes, it is possible to buy life insurance for your parents.

In order to buy life insurance on another person, or persons, there must exist an "Insurable Interest". Basically, you must possibly suffer a financial loss if the person you want to insure were to die.

However, an insurable interest does exist between spouses, parents and their children, spouses, and business partners.

So, children can buy life insurance on their parents.

One way to find out what may be the best life insurance plan and insurance company is to compare free life insurance quotes online from over 70 highly-rated life insurance companies. It only takes a few minutes, and there's no obligation.

In addition, there are life insurance no medical exam policies that offer you the choice of buying life insurance for your parents without your parents having to take any medical examination in order to qualify for coverage.

NEW! Here’s How to Buy up to $250,000 of Term Life
Insurance without any Medical Exam,
Just a Few Health Questions.


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