Legal Question in Wills and Trusts in Illinois
getting life insurance policy
am I able or is it legal to take out life insurance policies on my adult brothers without them knowing? with their lifestyles, I want to make sure something is available for their children in the event of their deaths.
Asked on 5/27/08, 8:10 pm
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Re: getting life insurance policy
It may be possible, but you may have a difficult time showing you have an insurable interest in that situation, and you may have a tougher time talking an insurance company into selling you this insurance without medical information about your brothers. Talk to your insurance agent.
Answered on 5/28/08, 10:08 am