by Answerbag Staff on October 11th, 2009

Answerbag Staff

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How many life insurance policies can one have?

Answers. 2 helpful answers below.

  • by Amanda Sykora on October 11th, 2009

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    As long as you can pay the premium, there is no limit to how many life insurance policies you may own. If purchasing multiple policies, remember to keep a master copy of all the information in a safe place so when you pass away your family will know exactly where to find the policies.

    Source

    Insurance Information Institute- Life Insurance

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  • by ArlinePortia on June 6th, 2010

    ArlinePortia

    There is no limit on the number of life insurance policies you can have as long as you pay the rates. Insurance companies will still want to know if you have other policies when you apply for a new one. They might think that you are trying to scam them in some way when they will hear that you have multiple policies.Motorcycle Insurance

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