Can You Buy Life Insurance On Someone Else -

: Useful if you would be responsible for their final expenses or medical bills.

: To fund a "buy-sell agreement" or protect the company from the loss of a key executive ("Key Person Insurance"). can you buy life insurance on someone else

: Both you (as the owner) and the insured person must sign the paperwork. : Useful if you would be responsible for

: The insured person provides health history and may take a medical exam . can you buy life insurance on someone else