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You may only take an insurance policy on someone you have an "insurable interset" in. You cannot take out a policy on a random person. This is to prevent a simple money laundering scheme. In order for someone to have taken an insurance policy out on you they would have to have som type of financial loss caused by your death. The most common loss is by a family member or an employer of a critical employee such as the CEO.

2006-11-09 14:40:56 · answer #1 · answered by spc_rice 2 · 0 1

The only way someone could have taken a policy on you is if you signed the application, or if you parents took one out when you were young. So ask your parents and if they haven't, then no one could have a policy on you.

2006-11-10 01:48:08 · answer #2 · answered by KE 2 · 0 0

If you are an adult, you'd probably notice if they asked you to sign the application - which you would have to do. Even if you didn't notice that, you'd really notice when the company vampire came around to draw blood for your blood tests.

You can't insure someone else without their signature on an application, and they have to submit to blood tests. .

2006-11-10 00:26:28 · answer #3 · answered by Anonymous 7 · 0 0

i don't think it works that way you have to sign stuff and they also test you for different things like blood work done blood pressure ect. i just got one and they don't want to insure someone that is not well . so you would know if someone other than your parents in case you were small they had one. then they would be paying on it. but you would not have one unless they did all this .

2006-11-09 14:41:50 · answer #4 · answered by terri e 5 · 0 0

To insure you, they need to have an 'insurable interest'.
Usually a relative, business partner or employer whose income would be affected by your death would qualify.

2006-11-09 14:41:34 · answer #5 · answered by Anonymous · 0 0

I WISH I NEW BUT I KNOW AS LONG AS THE PREMIUMS ARE PAID YOU CAN TAKE ONE OUT ON ANYBODY

2006-11-09 14:37:10 · answer #6 · answered by careermom18 5 · 0 0

if you are over the age of eighteen.. they can't

2006-11-10 02:58:23 · answer #7 · answered by ﺸÐïåMóñdÐôññåﺸ 5 · 0 0

Ask him or her.

2006-11-09 14:40:43 · answer #8 · answered by newyorkgal71 7 · 0 0

not possible

2006-11-09 22:00:48 · answer #9 · answered by Anonymous · 0 0

you can't

2006-11-09 14:35:13 · answer #10 · answered by Mopar Muscle Gal 7 · 0 0

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