Buy Life Insurance For Parents at Buying

Buy Life Insurance For Parents. Yes, you can buy life insurance for your parents. Such final expenses can include:

Your parent can be the owner of the policy and name you the beneficiary. As long as your parents are age 90 or younger, life insurance may be an option for them. Why purchase life insurance for parents?

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Or you can be the owner with yourself as beneficiary. Yes, it is possible to buy life insurance for your parents, or someone else, but you must have: You will need to get their permission and proof of insurable interests before you can purchase a policy for a parent. In order to do this, they’ll need to authorize the policy.