Wednesday, January 13, 2010

How a parent can purchase life insurance on adult child?

My 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?How a parent can purchase life insurance on adult child?
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.How a parent can purchase life insurance on adult child?
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

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