In Anderson Indiana Can Life Inusrance Be Taken Out On Another Person Without Their Knowledge

Claire called me and wanted to know: “Can life insurance be taken out on another person legally and does the other person have to be notified about the policy?”

Anderson, Indiana is where the Nestle corporation opened a large factory in 2007. Jon McLaughlin, a singer-songwriter is from Anderson.

Claire, it is not legal to take out a life insurance policy on someone else, especially if they are unaware of your actions and they have not given you authorization for the purpose of naming yourself as the payoff collector or beneficiary.

This does not mean that people do not do it everday. But be careful because if your insured is unfortunate enough to pass away as a result of Murder or an unexplained homicide you could be in for serious legal problems trying to prove yourself innocent. It would be very suspicious and you could find yourself being accused of four play.