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Who can be insured?


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Posted by Beau Guthrie on July 14, 19103 at 11:25:26: (24.197.82.210)

Are the terminally ill eligible for life insurance if they do not already have it? Can the spouse of a death row inmate buy a policy for him/her? If I loan money to friends, thereby establishing a financial interest, can I buy life insurance policies for them, making myself the beneficiary? With regard to the previous question, are there any legal guidelines to what loan amount would constitute a "financial interest"?


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