Learn about Life Insurance and How to Get Affordable Protection for Your Loved Ones.
Monday, October 7, 2019
Can I Buy Funeral Insurance for My Parents?
Yes, adult children may purchase funeral insurance for their parents.
However, an insurable interest is required in someone you wish to insure for life insurance.
Insurable interest does exist between parents and their adult children.
And, there are even guaranteed issue funeral life insurance plans available for your parents if they are between the ages of 45 to 85.
That means there is no exam needed and you won’t have to answer any questions about the health of your parents.
Learn more about how to buy funeral insurance for your parents.
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