How A Parent Can Purchase Life Insurance On Adult Child?
Posted January 6, 2010 – 10:22 am in: structured settlements FAQMy mother is trying to get an insurance policy on me but we live in 2 different states. How would she do it? What companies do you know of can let this be done online?
Tags: Adult, Child, Insurance, Life, Parent, Purchase
2 Comments
You can’t do this online.
Depending on how much she wants to insure you for, you might need a medical exam.
She needs to talk to a local agent – local to her. They will mail you a bunch of paperwork to fill out, then you mail it to your mother, then your mother sends it to the agent, with a check.
If ur age is above 25yrs than ur mother will not get policy by ur name . because child policy cover child age from 91 days to 15 yrs. If ur age is more than 15yrs than ur mother can purchase policy on her name and u became nominee