Wednesday, September 25, 2019

Can I Buy Burial Insurance on My Aunt?


Yes, you may be able to purchase burial insurance on your aunt.

However, in order to buy life insurance on someone else, you need an Insurable Interest in the person you wish to insure.

If you rely on your aunt for financial support, she owes you money, or you would suffer a financial loss should she die, then you have an insurable interest in her, and you may purchase life insurance on your aunt.

Learn how to buy a burial insurance on your aunt.

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