Life Insurance Information :Life Insurance on Ex-Husband?

Posted by – March 24, 2010

I am Divorced for 10 years and just got married again 2 years ago. My Ex husband had not seen my son in 5 years (although he pays child support) and is now showing up to see him. I had canceled a life insurance policy on my ex-husband awhile back, will it look okay if I try to insure

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I am Divorced for 10 years and just got married again 2 years ago. My Ex husband had not seen my son in 5 years (although he pays child support) and is now showing up to see him. I had canceled a life insurance policy on my ex-husband awhile back, will it look okay if I try to insure him again?Sure, but he’d need to submit to the medical exam, and sign off permission for you to insure his life.When buying a life insurance policy on another person there must exist an “Insurable Interest” between the insured person and the owner of the policy.Since you and your ex-husband have a son together, and your son relies on his father for child support, you can purchase a life insurance policy on him.Usually, the insured person (your ex-husband) would be required to sign the life insurance application and he may be required to answer health questions, as well as, possibly taking a physical exam.NEW! Here’s How to Buy up to 0,000 of Term LifeInsurance without any Medical Exam,Just a Few Health Questions. var addthis_pub = ‘hadley’; Disclosure: Compensated Affiliate

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