Life Insurance For Parents
Many young people in our teams' weekly meetings ask us if it is wise and/or possible to get life insurance coverege on their parents.
Well, I tell them that it is a very good idea and it is indeed possible. As long as their parents are in good health and don't engage in any risky activities.
Also, an important factor is, if they had some major health issues previously, like cancer, diabetes, heart problems, etcetera.
So, go ahead and shop for a policy to help cover final expenses, estate taxes, or whatever debts are left behind by your mother or father.
With help from this web site: