Are you looking to insure a or a business associate , and do they already know you're considering this?
: It is virtually impossible and often illegal to secretly buy life insurance on another adult. Forging a signature is a criminal act that can invalidate the policy. can you buy life insurance on someone else
: Useful if you would be responsible for their final expenses or medical bills. Are you looking to insure a or a
: You must prove that you would suffer a legitimate financial loss or hardship if the person died. This prevents people from "gambling" on the lives of strangers. can you buy life insurance on someone else
Yes, you can legally buy life insurance on someone else, but only if you meet two specific legal requirements: and consent . Key Requirements