One of the biggest issues I have in FE is clients wanting to take coverage out on their adult children (or other family members) who are not present. The ease of doing so is different from one company to another. The issues I run into are 1). Signatures 2). Ownership 3). Med Questions and 4). POS Interviews
Ownership - For a parent to own a policy on their adult child, Junior, many companies require they own property together, a bank acct, something. The State of Ohio says insurable interest is inherent in the relationship between a parent and their offspring but most companies still mak
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Ownership - For a parent to own a policy on their adult child, Junior, many companies require they own property together, a bank acct, something. The State of Ohio says insurable interest is inherent in the relationship between a parent and their offspring but most companies still mak
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