Life Insurance For Parents

There are many reasons why sons and daughters may want to get life insurance on their parents, for example, to pay for debts incurred by the parents, to pay for funeral expenses, to pay for inheritance taxes, etc.

If the parents are in good health and can pass a medical exam, it is usually possible to obtain a life insurance policy for them. It is obvious that the term will depend on their age. For example if a parent is 70 years old, no insurance company will write a policy with a 30 year term, but, a 10 year term they may.

The best way to see what is possible to get, is to complete a few quote requests online, and see what people offer you.

Good luck with your search :)


Online References: