I don't mean Medicare or Medicaid etc...I mean something for lower middle class people close to 40 that they can afford without putting them into the lower class income. Thanks. Additional ...
Basically, my husband and I do not want his parents to continue to hold a life insurance policy on him. Additional Details We are not asking to collect the money for that policy...we ...
My house does have hail damage. Every single house surrounding me, including all but 2 houses in a 4 block radius, were approved to minimally have their roofs replaced. A lot of people are getting ...
I've been working as a cook at the same restaurant off and on for the last several years. For the last several months I've been working as the grill cook which involves repeated lifting of ...
My father recently passed away and my brother was listed as primary and myself as secondary. He has chosen to keep the entire amount and not split it between the three siblings. Can I challange this ...
Additional Details are you sure it's ligitimate? Becaus i was working for a company that was involved and paying into this for 2 daughters but have stopped because seeing one of ...
My Friend is faced with this situation. He is considering chaging jobs but his wife is pregnant. Will there be a loss of coverage if he changes jobs or will the health benefits of the new employer ...
Yes, if she agrees to it. Depending on her age, it could be expensive. To find the lowest rate, contact a broker by logging onto a website such as http://www.lifeinsurancewiz.com and fill out a form requesting a free quote.
Pam H
Sure, you may have to have her sign on it. Ask the insurance agent.
Badkitty
Yes. Call an agent. There are affordable "final expense" policy available.
Barry auh2o
You can. She would have to sign the application, but you can always pay the premiums.
bud68
You will need her concurrence, if it is available at all. It may be prohibitively expensive.
Tim
First of all, she has to be insurable (healthy). Even if she is, depending on how old she is it could be quite expensive. A $100,000 one year renewable term life insurance policy for a 95 year old can be up to $98,000 a year.
Also, to purchase a life insurance policy on someone else, you have to have an "insurable interest" in their life. If you're financially dependant on your grandmother - perhaps she's paying your college tuition with a pension that would go away if she dies - that might count.
Just out of curiosity, why would you want to purchase life insurance on your Grandmother?
Marissa o
As most of the answers you are getting the answer is yes. If she agrees to you getting a policy for her that won't be a problem. Now if you are talking about a minor. You will have to get permission from either the mom or the dad (son/daughter) and explain why you are interested on getting a policy on your granddaughter. If your thinking about college money. You can set up a college fund instead or you can buy a policy on you and name her the beneficiary if something happens to you her college Will be paid or you can do both things.
richard d
yes, but why are you trying to make some money on grandma? or for funeral. if its to make money your a baaaad person.if its for good go for it
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