Life Insurance for husband

[crystalbee27]

Can I purchase a life insurance policy for my husband without his consent? - If he died suddenly we would be plunged into debt - I don't work other than do the books of his business and rely on his income. I need a policy that would give me at least one year of his average income plus paying off mortgage and funeral costs - he just won't get a policy - don't ask me why its very selfish but apparently , <he's not going to die> ( I know...)

[woofgang]

I don't think there's any legal reason why not...but an insurance company might not be prepared to do it...why don't you ask.

[dzug2]

You have an insurable interest in his life, so I don't see why not.

I can see a snag in that he might not be willing to cooperate with any medical issues the insurance company may raise.

[boxtops]

Good point, he would need to give permission for a report to go to his doctor for underwriting, if necessary.

[scotman]

Assuming you can will you tell husband that you have done this?

[twix123]

I would have thought that your mortgage lenders would have required an insurance policy to cover the outstanding debt in case either of you died before repayment!

[R1Geezer]

yes you can legally but as they say above the Insurance company will probably want a medical, and that's going to be difficult to do without him knowing! Why don't you get him to do it by saying you'll pay the premiums?

[hc4361]

Mortgage companies don't require life insurance.

[sara3]

who's going to pay the premiums, as you don't work?

[crystalbee27]

Hi - I don't <work> but am a partner in the business so have a half share in all the profits ( and losses) so have the same income as him. No - I would tell him once it was done -if its possible - but I think with his age (52) he would probably need a medical as he smokes -I've done a few on line quotes pretending to be him to see how much it would cost -but don't want to insure him and then , heaven forbid, anything should happen to him, be told the insurance was'nt valid . think I will just pop down to local insurance brokers and see what they say - thanks for the replies though! x