Can I Buy Life Insurance on My Parents?

Are you considering buying a life insurance policy on one or both of your parents?If you're wondering if you can, the answer is "Yes".To buy a life insurance policy on another person there has to exist an "Insurable Interest" between the insured person, and the person buying the policy.Insurable Interest does exist between a parent and child, siblings, and spouses.Therefore, you can buy a life
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