Can you get life insurance on an ex-spouse?

Yes, you can insure an ex-spouse if you have insurable interest and their consent Getting life insurance on an ex-spouse is possible and often advisable when there are ongoing financial dependencies. Insurable interest must exist, typically through obligations like child support, alimony payments, or shared business interests. To obtain a policy on an ex-spouse, you'll need: Written consent from your ex-spouse Proof of financial dependency or obligation Documentation of divorce settlement terms Evidence of existing support payments It's recommended to work with a qualified insurance broker who can help navigate the specific requirements and ensure the policy aligns with your divorce agreement . Consider including insurance requirements in your divorce settlement to protect any ongoing financial obligations.

"Can You Insure an Ex-Spouse? Insurable Interest Explained"

Yes, you can insure an ex-spouse if you have insurable interest and their consent

Getting life insurance on an ex-spouse is possible and often advisable when there are ongoing financial dependencies. Insurable interest must exist, typically through obligations like child support, alimony payments, or shared business interests.

To obtain a policy on an ex-spouse, you’ll need:

Written consent from your ex-spouse
Proof of financial dependency or obligation
Documentation of divorce settlement terms
Evidence of existing support payments

It’s recommended to work with a qualified insurance broker who can help navigate the specific requirements and ensure the policy aligns with your divorce agreement. Consider including insurance requirements in your divorce settlement to protect any ongoing financial obligations.