Learn About Buying Life Insurance on Your Husband
If you’re married and your husband doesn’t have life insurance, or, maybe he does have coverage through his job, but it’s not enough, you may be wondering, "Can I buy life insurance on my husband?"
It’s a good question, and one that could be very important for the future of your family.
Why? Because, how would you and the ones you love get by without your husband’s income?
Life insurance on your husband can help you secure the future for you and your children.
The answer is "YES". You can purchase a life insurance policy on your husband.
What is Required to Get Your Husband Insured?
Well, you basically need two things:
Insurable Interest – You already have an insurable interest in your husband because you are his spouse and rely on him for financial support.
Signature – Most insurance carriers may require his signature on the application for life insurance, but some may not.
In fact, there are life insurance policies available that will allow you to apply online for coverage on your husband and start his life insurance policy today, if he qualifies based on the information you provide, including answers to the questions about his health.
Applying for Life Insurance Coverage
Make sure to answer all questions truthfully when applying for a life insurance policy.
If your husband dies as a result of a health issue not disclosed on the application for coverage, the insurance company may deny your death claim on your husband’s life insurance policy due to misrepresentation of a material fact related to his health.
This means, the insurer would have declined to insure your husband had they known of his pre-existing health problem when you applied for the policy.
So, if your husband has any health issues, make sure the insurance company knows about it before they agree to insure him for life insurance.
What to Know When Getting Your Husband Life Insurance
The right way to get your husband a life insurance policy is to do the following:
Why Do You Need Life Insurance Protection on Your Spouse?
Many wives choose to get coverage on their husband to replace his income should he pass away unexpectedly. However, there are many reasons for purchasing insurance on your spouse.
Reasons to Buy Your Husband Life Insurance
Options for Buying Life Insurance on Husband
You have a few options for purchasing coverage for your hubby, including the following:
Fully Underwritten Life Insurance Quotes
Top Pick – JRC Insurance Group
JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 63 top life insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.
Instant Issue Term Life Insurance with No Exam
Top Pick – Quility (Underwritten by SBLI)
Instant Issue Term Life Insurance is revolutionizing how people secure their future. With no medical exam required, you can apply online and get approved in as little as 5 minutes.
This type of insurance, underwritten by SBLI, which has been rated A- Excellent for financial strength, allows you to buy up to $1,000,000 in coverage and start immediately.
Established in 1907, SBLI has a long history of reliability.
Applying is quick and easy — just click the link to start your application. Get covered fast and protect your loved ones without the wait.
Guaranteed Issue Life Insurance Quotes
Top Pick – Mutual of Omaha
Mutual of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $2,000 up to $25,000 of coverage. Rates start as low as $8.84 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.
Can I Buy Life Insurance on My Ex Husband?
Can I Buy Life Insurance on My Adult Child?
Can I Buy Life Insurance for My Husband?
Guaranteed Acceptance Life Insurance
Can I Buy Life Insurance for Myself?
Disclosure: Compensated Affiliate