Can I take a life insurance policy out on my boyfriend, and

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PostPosted: Mon Feb 22, 2010 12:44 am   Post subject: Can I take a life insurance policy out on my boyfriend, and   

He has family he is taking care of but I will have nothing if something happens to him.
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PostPosted: Mon Feb 22, 2010 9:52 am   Post subject:   

I guess you may take life insurance on anyone for whom you have an "insurable interest". Also make sure you take the consent of the person on whom you're taking the policy.
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PostPosted: Tue Feb 23, 2010 2:15 am   Post subject:   

Yes you can. Alternatively, you might just want him to have life insurance with you named as the beneficiary.
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