How to Get the Best Life Insurance Quotes for Parents in 2022

Can you take out life insurance for your parents? The answer is yes. But before you can buy life insurance for a parent, their consent must be given and they must be legally competent to sign the paperwork. It’s illegal to insure your mother or father without their consent. We are pretty sure no insurer will approve such.  Beyond seeking the written consent of your parents before approving a policy, you will be required to provide insurable interest. What is insurable interest? This is proof that you are going to suffer a financial loss should your parents die. In insurance […]

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