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Does a certificate holder have an insurable interest in the life of the preneed purchaser?

April 26, 2017Certificate insurable life preneed purchaser

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Does a certificate holder have an insurable interest in the life of the preneed purchaser?

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10 Posted

A. No, a certificate holder does not have an insurable interest in the life of the preneed purchaser and a certificate holder cannot purchase life insurance on the life of a preneed purchaser.