Yes, it is possible to buy a life insurance person on another person's life.
In order to buy life insurance on someone else, you must have the possibility of financial loss if that person were to die.
There exists "Insurable Interest" between parents and children, spouses, siblings, and business partners.'
So, you may be able to buy life insurance on your spouse, parent, of sibling, possibly.
If you own a business with a partner, you may be able to buy life insurance on your business partner.
If no Insurable Interest exists between you and the person you want to insure, you may not be able to insure that person's life.
Here's how to buy term life insurance online without any physical exam needed, just a few health questions.
Insurance without any Medical Exam,
Just a Few Health Questions.
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