I would like to get two guaranteed life insurance policies on my dad. Can I do this?
February 10th, 2009
5 comments
txnascarguy asked:
My fathers doctor told him five years ago if he did not quit smoking, he would be dead within three years. Well, my dad is alive and kicking, He has COPD really bad and I don’t think he will last but a couple more years. Maybe five years tops. Anyway, there are a lot of companies offering no questions / no health checkup life insurance. The most I can find is $50,000. Would it be unlawful for me to get two sets of life insurance at $50k each? I really don’t know anything about these life insurance companies. Is there a short period he would have to live through in order to collect? He isn’t going to die in the next year… but I am thinking a year is all he has left.
My fathers doctor told him five years ago if he did not quit smoking, he would be dead within three years. Well, my dad is alive and kicking, He has COPD really bad and I don’t think he will last but a couple more years. Maybe five years tops. Anyway, there are a lot of companies offering no questions / no health checkup life insurance. The most I can find is $50,000. Would it be unlawful for me to get two sets of life insurance at $50k each? I really don’t know anything about these life insurance companies. Is there a short period he would have to live through in order to collect? He isn’t going to die in the next year… but I am thinking a year is all he has left.
Thakns
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