"If your grandparents are still alive then buy at least $100,000.00 in life insurance for each one of them and at least $300,000.00 in life insurance for each of your parents and you will have $1,000,000.00 USD by the time they are all dead."
I realize...this is pretty crazy to say...I read this somewhere and I want to know if you can take a policy out without consulting the related party of the insurance? Say a parent/grandparent? I would like to be able to pay for all the funeral precedings etc. and help my family in the aftermath. Especially concerning my grandparent's. I don't believe that my family is or has thought ahead about this....anyone have any advice...OR knowledge that could help me?
2007-12-30
18:35:26
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4 answers
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asked by
Jeff
1
in
Business & Finance
➔ Insurance