2006-09-04 03:51:53 · 8 answers · asked by Anonymous in Business & Finance ➔ Insurance
hehe
2006-09-04 03:56:57 · answer #1 · answered by ME 3 · 0⤊ 1⤋
Is assurance the same thing as insurance, in your mind? You must be 18 in order to purchase a life insurance policy. You must either be their guardian, or have them sign off on the application, to insure their lives. Most of the time, the insurance company will ask you what your "insurable interest" is. Be prepared to pay a WHOPPING BIG premium for coverage!! And your grandparents will have to submit to a medical exam, and make their medical records available to the insurance company.
2006-09-04 11:39:16 · answer #2 · answered by Anonymous 7 · 0⤊ 0⤋
In florida you need to be 15 years of age or older, but you must provide proof that your grandparents are an insurable intrest to you. Meaning that if they pass away, they are going to cause a financial loss to you.
2006-09-04 13:25:10 · answer #3 · answered by cleazott 3 · 0⤊ 0⤋
They've probably got insurance already. Are you really looking to gain from their passings?I think the age is 18.Phone around
2006-09-04 04:00:37 · answer #4 · answered by Taylor29 7 · 0⤊ 0⤋
well you would have to be 18 and you would have to be insane to try -- I mean come on .. buying life insurance on your grandparents?? Unless they have dependants, they most likely do not need a great deal of insurance.
2006-09-04 03:58:55 · answer #5 · answered by tonkatruk_2001 3 · 0⤊ 0⤋
You can't buy life assurance on your grandparents. They have to buy that themselves and maybe name you as a beneficiary should they die.
2006-09-04 03:59:44 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Why do you need to get life assurance for your granny? You are not seriously hoping they will pop their clogs and you get some big payout?? Please say otherwise
2006-09-04 03:57:07 · answer #7 · answered by rondavous 4 · 0⤊ 0⤋
you've got to be kidding....
How do you plan to get Grandma and Grandpa to provide a urine and blood sample? Tell them it's a science experiment?
2006-09-04 05:02:45 · answer #8 · answered by Michael W 3 · 0⤊ 0⤋