Showing Tag: "life insurance on ex" (Show all posts)

Can I Get Life Insurance On My Ex?

Posted by hadley hadley on Sunday, June 8, 2014, In : Life Insurance FAQ's 

Yes, you can purchase life insurance on your ex.

If you have insurable interest and your ex spouse gives you permission then you can get life insurance on your ex.
 

In fact, it may be wise to include life insurance coverage requirements in your divorce settlement. This way financial obligations such as child support can be protected for the future.

If the spouse paying child support passes away, the life insurance will be paid out the the guardian of the child and the child w...


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Can I Buy Life Insurance On My Ex Husband?

Posted by hadley hadley on Saturday, March 15, 2014, In : Life Insurance FAQ's 

Yes, you may be able to buy life insurance eon your ex-husband.

If you have an "Insurable Interest" you may purchase life insurance on your ex-husband. 

That would probably mean that he is responsible for child support or alimony payments to you based on your divorce agreement. 

While buying life insurance on another person requires his cooperation that cooperation can be ordered by the court. 

You should be the life owner, payer and beneficiary of the life insurance policy. T...


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