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Can a sibling take out? |
a life insurance policy without their knowledge? I have an older brother whom I have not spoken to for 2yrs. I do not trust him at all. How can I find out. PLEASE help. I live in MA The first two answers are incorrect. Anyone with an 'insurable interest" can buy a policy on the life of another. Siblings will sometimes have such an interest. No, you cannot take out a life insurance policy on someone without their knowledge. They have to sign. Only if you sign the policy can he take it on you and only if he signs can you take one on him. |
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