Thread: If you died
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Old 04-28-2011, 10:35 PM   #46
Clodfobble
UNDER CONDITIONAL MITIGATION
 
Join Date: Mar 2004
Location: Austin, TX
Posts: 20,012
Sadly enough, that would be illegal. You can't take out an insurance policy on someone unless you have an "insurable interest;" that is, a demonstrable reason to want them to stay alive. Basically, only family members.

BUT, we could all take out a policy on a close elder relative, and every time one of them kicks the bucket...
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