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: For adult insureds, the person must participate in the process. They typically must sign the application and may need to undergo a medical exam to determine eligibility. Common Eligible Relationships You can typically establish insurable interest for:
: If you share a loan, the death of a co-signer might leave you solely responsible for the debt. Process Overview can you buy life insurance on someone else
: To fund a "buy-sell agreement" or protect the company from the loss of a key executive ("Key Person Insurance"). : For adult insureds, the person must participate