Yes, you may be able to purchase a $10,000 life insurance policy.

Most life insurance carriers offer a minimum amount of $25,0000 of life insurance.

However, some insurers offer smaller limits of coverage which may be even less than $10,000 of life insurance.

Usually, the lower limit life insurance plans do not require any medical exam and may ask a few health questions, if any, when you apply for your life insurance policy.

However, there may be age limits whereby you need to be age 78 or under ...
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Yes, you can purchase life insurance coverage on your parents.

You can buy a life insurance policy on anyone with whom you share an economic insurable interest, including your parents or spouse.

The parent or parents you wish to insure will  need to sign as the policy "Insured" on the application for life insurance coverage, and have to be mentally competent to do so.

In addition, your parents may need to answer some health questions, or take a medical exam to find out if they...

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Yes, most people can get a life insurance policy if they have Hep C. 

If you want life insurance that pays 100% of the death benefit from the first day you are insured, or for face amounts of life insurance coverage over $100,000, there will be some medical requirements. The Hepatitis C must be stable and liver labs close to the normal range.

People who have never had a liver biopsy will pay higher rates for their life insurance plan, although if you have had a liver biopsy ...

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Yes, you may be able to purchase a life insurance policy on the life of a relative.

You can usually get life insurance on a relative, but even with relatives, some insurable interest must exist between you and your relative in order for you to buy life insurance on the relative.

For example, Nephew Steve cannot take out a life insurance policy on Aunt Amy unless Amy has been living with Steve, if Steve has been contributing to her financially, if Amy loaned Steve some money, or...

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You can name any person, business, or organization as your beneficiary who is a relative, a charity, and/or has an insurable interest (would suffer financial loss if you were to pass away).

You are not required to name your spouse as the beneficiary of a life insurance policy. 

You as the owner of the life insurance plan can choose who you wish to be the one who receives the death benefit from your life insurance policy. Learn more about the beneficiary of a life insurance pol...

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Yes, you can buy multiple life insurance policies.

When you apply for a life insurance policy the application will ask if you own other life insurance, if so, how many life insurance policies and how much total life insurance coverage do you already own?

The insurance company asks to determine if you are over-insured.

They don't want there to be an incentive for you to take your own life in the future. However, life insurance policies usually have a suicide exclusion of 1 or 20 years, depending...
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Yes, you can get life insurance on other people.

There must be insurable interest as defined by economic loss at the demise of the policy insured.

That means, you must suffer some financial loss of the insured person were to die, or you rely on the insured person for some means of financial support.

If no such financial liability can be established the life insurance company will deny the application. Unrelated parties with no business nor personal economic relationship cannot ...

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