Can a stepparent take out a life insurance policy on an 18-year-old stepchild?

Answer Yes, a stepparent can insure the life of an 18-year-old stepchild if he or she has the consent and participation of the stepchild. The stepparent must also be able to prove that he or she will be a... Read More »

Top Q&A For: Can a stepparent take out a life insurance poli...

Do you have a stepparent/stepchild?

Yes.She was 18 when I married my wife, but she lived with me for 2 years prior to that.She see's me as her and her family's supplemental income, so it's not the best relationship in the world.That'... Read More »

How to Take Out a Life Insurance Policy on Your Spouse?

Purchasing life insurance can be overwhelming for many people. There are many different types of life insurance available such as term, permanent, universal and variable universal, and many competi... Read More »

Is it legal to take out a life insurance policy on someone else?

It is legal to take out a life insurance policy on someone else, provided you have insurable interest in that person. This means that the person's death could cause a financial hardship for you, su... Read More »

How much does the policy increase for Petplan insurance after the first year for life coverage of a new kitten?

I'm not sure how much your kitten policy would increase, but my 2 policies for my dogs just went up 20.63% in the second year!! Obviously, I'm going to have to look for new insurance. I feel scammed.